Record growth in the Islamic financial services (IFS) segment in 2012 firmly cemented Saudi Arabia as a global leader in the industry. However, while the segment looks set for further growth several...
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Economic Update | Saudi Arabia: Debate continues over global sharia standards
9 Apr 2013
Economic Update | Kuwait: Business with Iraq on the up
9 Apr 2013
A landmark flight from Baghdad that touched down in late February at Kuwait International Airport looks set to usher in a new era of stronger economic ties between the two Gulf neighbours. The...
Economic Update | Turkey: Steps toward 4G
8 Apr 2013
A new deal between local telecommunications firms and the Turkish government is expected to see the introduction of a new 4G network in Turkey by 2016. This move has been hotly anticipated by...
Economic Update | Oman: Prospects bright for solar power
8 Apr 2013
Solar energy looks set to play a growing role in Oman’s energy mix as the Sultanate moves to address the two-fold challenge it faces of meeting rising demand for electricity while reducing state...
Economic Update | Dubai: Real estate reality check
3 Apr 2013
A surge of interest in new property developments in Dubai has almost inevitably prompted concerns with respect to the sustainability of the sector’s recovery, recalling the bubble in 2008. However,...
Economic Update | Jordan: Looking to bonds for lending
1 Apr 2013
A government decision to access funding via the bond market could pave the way for banks to increase lending to the private sector.
