Country Report: Kuwait

SURMOUNTING THE STATUS QUO   By Justin Keay   Despite its wealth and strong banking sector, Kuwait is being held back by its failure to invest internally and diversify away from oil.   The demonstrations that preceded—and followed—Kuwait’s parliamentary elections ...

Emerging Markets Roundup: Middle East

BEARING GIFTS, QATAR’S EMIR VISITS GAZA   By Gordon Platt   Qatar’s emir pledged $400 million to rebuild and modernize the Gaza Strip, in the first visit by a head of state to the Palestinian enclave since a military offensive by ...

Country Report: Lebanon

AGAINST ALL ODDS   By Justin Keay   Mid-20th-century tourists flocked to Lebanon, the Switzerland of the East. War and instability long ago changed that. Now, with the Syrian conflict spilling over its borders, the country faces yet another round ...

Emerging Markets Roundup: Middle East

FOREIGN AID PACKAGES BOOST EGYPT'S PROSPECTS   By Gordon Platt   Financial aid packages from the US, China, Saudi Arabia and Qatar, among others, will provide much-needed support for the Egyptian economy at a time when the country's FX reserves ...

Israel's Export Economy Hits Turbulence

A STUDY IN CONTRADICTIONS   By David Lipkin   Geopolitical and fiscal uncertainties are having an impact on Israel's growth prospects, but the country is benefiting from development of its natural gas reserves.   Although its export-oriented economy and high-tech ...

WORLD'S SAFEST BANKS IN THE MIDDLE EAST 2012

GLOBAL FINANCE names National Bank of Abu Dhabi and National Bank of Kuwait the World's Safest Banks 2012 in the Middle East NEW YORK, August 16, 2012 — Global Finance magazine ( GF mag.com) has named the Safest Banks in ...