Morocco’s banking sector is the most highly developed in North Africa in terms of penetration indicators and is also among the most advanced in the wider MENA region. The industry, which is in the midst of a recovery in lending growth, stands on the verge of another substantial step forward, thanks to the imminent launch of both an Islamic banking sector – backed by the creation of a wider...
Morocco has long been recognised as one of the most advanced nations in Africa due to its strategic location and sizeable diaspora community, as well as its well-developed manufacturing sector, mining industry and agricultural output.
The effects of lower oil prices continue to be felt in Oman, with budget cuts and spending rationalisation still in evidence across the board. However, higher commodity prices in late 2017 and into early 2018 should provide a welcome boost to state revenues.
Economic update | Tax incentives could trigger consolidation of Thailand’s banking sector
Proposed incentives to encourage mergers, combined with the implementation of new banking standards, could lead to greater consolidation within Thailand’s banking sector, which the government hopes will strengthen lenders amid plans to fast-track industrial growth.
Interviews & Viewpoints | Abdulfattah Sharaf, Group General Manager and CEO for the UAE, HSBC Bank Middle East: Interview from The Report: Dubai 2018
How much is the growth in both conventional and Islamic government debt issuance set to encourage corporates to use debt instruments?
Articles & Analysis | Dubai debt market sees jump in activity from The Report: Dubai 2018
With some analysts suggesting that the 2017-20 period could see as much as $480bn in combined government expenditure across the GCC – with $288bn of that to be spent in transport and infrastructure projects alone – the region clearly maintains a considerable appetite for major capital investment.