Islamic financial products, first authorised by the Omani government in 2011, are set to take off later this year, with the banking, real estate and insurance sectors all expected to see benefits....
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Economic Update | Oman: Islamic finance set to take off
23 Aug 2012
Economic Update | Dubai: Bank provisioning
22 Aug 2012
The emirate’s banking sector is still working to shake off the lingering effects of the global financial crisis, with lenders having to make higher provisions for debts than some of their neighbours...
Economic Update | Jordan: Planning ahead
22 Aug 2012
The early August approval of a $2bn loan by the IMF to Jordan has once again brought the Kingdom’s financial concerns into the spotlight. However, the IMF was quick to point out most of the problems...
Economic Update | Bahrain: Economy treading carefully
16 Aug 2012
The Kingdom’s economy is making steady progress towards regaining lost momentum following the global financial crisis and civil unrest in 2011. However, the recovery will need to be managed carefully...
Economic Update | Kuwait: Improving marketability
13 Aug 2012
Ahead of a planned privatisation of the country’s stock exchange, Kuwait’s Capital Market Authority (CMA), has been stepping up efforts to ensure listed firms are fully in compliance with a tightened...
Economic Update | Dubai: Momentum building again
9 Aug 2012
In the wake of the global financial crisis, Dubai’s construction sector has been slow to recover, with a near freeze on new developments. However, there are signs that the industry is beginning to...
