Tighter fiscal policies and oil-output cuts agreed to by the Organization of Petroleum Exporting Countries (OPEC), plus Russia, could cause economic growth in the Middle East region to slow this year. Favorable demographics will underpin long-term growth in the decades ahead, but productivity gains will be slow, economists say. Despite efforts to diversify their economies, the Arab Gulf countries will remain reliant on their oil and gas sectors for years to come.
ABK-Egypt CEO and Managing Director Khaled El Salawy discusses how technology is making banking easier for consumers and businesses in a fast-growing economy.
Faisal Al Haimus, CEO of Trade Bank of Iraq, talks about his country’s prospects for economic growth—and potential to leap ahead with new technology—as it emerges from hard years.
Abdulla Mubarak Al-Khalifa, Acting Group CEO Qatar National Bank (QNB), talks about the bank’s performance, compliance and expansion plans.
Freddie Baz, general manager and board vice chair of Bank Audi, talks about his bank’s robust performance despite difficult conditions, and government efforts to restore trust.
Nations compete for foreign direct investment.
Saudi Arabia has had mixed results in attracting foreign capital.