World's Best Banks 2020: Middle East

World's Best Banks 2020: Middle East

It has been Global Finance’s practice to conduct a Best Bank award ceremony during the IMF and World Bank Annual Meetings. As this year’s Meetings have gone virtual, so will Global Finance’s awards ceremony. Below are a selection of winners ...

Historic Israel-UAE Deal Promises To Boost Commerce

Historic Israel-UAE Deal Promises To Boost Commerce

Israel’s Economy Ministry calculates that the normalization of ties could increase exports to the UAE to US$300 million to $500 million annually while according to Moody’s Investors Services, UAE investments in Israel could reach US$350 million a year.

The United Arab Emirates

The United Arab Emirates

Browse a full set of economic indicators, selected by Global Finance editors, including real GDP growth rate, with latest forecasts and historical data, GDP per capita, GDP composition by sector, inflation and unemployment rates, public debt statistics and more. Financial and trade information, plus best banks and safest banks rankings are also included.

The Gulf Goes Green

The Gulf Goes Green

Facing the combined effects of Covid-19 and an oil crisis, GCC governments and banks are looking to accelerate economic diversification and transition to sustainable finance.

GCC's Borrowing Binge

GCC's Borrowing Binge

GCC-based countries are drawing down their foreign exchange reserves to protect their dollar pegs and tapping global debt markets for record amounts, along with corporates.

Uncertain Future For GCC SMEs

Uncertain Future For GCC SMEs

Outdated lending practices and a structural focus on government-related enterprises are keeping banks from backing the region’s beleaguered smaller companies.