Political stability, a fast-growing economy and a sustained program of economic reforms are among the reasons for the feverish pace of takeover activity in the south Asian republic.
French Total, Italian ENI and Russian Novatek won Lebanon’s first tender for hydrocarbon exploration and production. Operations start in 2019 in two offshore blocks, including one disputed by Israel.
Bart van Ark, chief economist at The Conference Board, visited Global Finance to discuss the state of the global economy and the outlook for 2018 and beyond.
Cash-rich Kuwait, bolstered by a healthy banking sector, is taking steps to reduce dependence on petroleum and motivate entrepreneurs.
Al Ahli Bank of Kuwait’s CEO, Michel Accad, opens up about his country’s economic role in the Arab world and why the Gulf nation might never achieve all its lofty aspirations.
FTSE announced Kuwait’s forthcoming addition to the Secondary Emerging Markets list last September. What’s happened since?
Salah Al-Fulaij, CEO of NBK-Kuwait, shares thoughts with Global Finance about competition, Kuwait’s growth prospects and the pressures of global regulation.
Peso volatility and investor caution are likely to linger through the middle of the year.
In this Northern Triangle nation, as elsewhere in Latin America, weighing the risks and rewards of foreign direct investment leads to difficult choices.
Even as General Electric looks to overhaul its business by selling assets and cutting back on capital expenditure, it is stepping up its investment in Africa—Nigeria in particular.
After the BRICS and MINT, which emerging-market economies will be tagged as leaders with a jazzy acronym?
Prince Mohammed bin Salman put 11 princes and nearly 200 high-ranking officials, under arrest for corruption.
They are expected to grow by an average 3.3% this year, 0.9% higher than May’s forecast and a big improvement over last year’s 1.9% growth.
Emerging markets could see funds flowing back to them as central banks unwind quantitative easing and liquidity flows back to emering market assets.
The Kingdom of Morocco now allows participative finance. On January 2 the central bank, Bank Al-Maghrib, issued authorizations for five banks to begin commercializing shariah-compliant products and services.
The president elect’s protectionist views on international trade suggest emerging markets will bear the brunt of radical changes in policy—assuming his rhetoric becomes reality.
Like other geographic regions once under communist rule, Croatia has traveled a chaotic road to statehood, but it is now solidifying its economic and political progress.
The cost of producing solar power has fallen sharply in the past five years—so much that in some cases it can be half the price, or even less, of conventional power. Experts predict solar's cost will continue to plummet.