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Bank lending in Kuwait remained relatively flat during the first half of 2011, though this may have more to do with demand than banks being unwilling to extend credit.

The Philippines’ central bank is confident the country’s financial system can withstand any strains imposed by an economic slowdown in Western markets, though it is keeping an eye on the domestic banking industry for any signs that it may be catching the chill afflicting the US and Europe.

El sólido crecimiento económico del Perú en la última década se vio acompañado por un incremento igualmente considerable del tráfico aéreo, que aumentó a más del doble en los pasados cinco años, yendo de 5 millones de pasajeros en 2005 a más de 11 millones en 2010. Este crecimiento llevó a una ampliación del Aeropuerto Internacional Jorge Chávez, en Lima, y también a la propuesta de la controvertida línea aérea de bandera.

Like many of its neighbours in the Gulf, Qatar has seen the negative effects of the international economic downturn begin to fade over the past year. In the coming decade the local real estate market is expected to benefit from massive government infrastructure spending, a steadily expanding population and preparations for the 2022 World Cup.

Oman’s economy has become more competitive in the past 12 months, according to a recent report, and is steadily making the transition from having an efficiency-driven economic base to an innovation-powered one, a process that will gain further momentum thanks to increased government budget outlays.

With local refineries unable to meet domestic demand, Nigeria – Africa’s largest exporter of crude oil – currently imports more than 70% of its petroleum needs. However, this could change if plans to build three new refineries are realised.