Since the late 1980s Ghanaian banks have increased in stature and number, and for much of the last decade they have enjoyed strong growth rates and large profit margins. The country’s lenders have maintained their stability, avoiding the domestic crises that have befallen some of their emerging and frontier market peers, and sidestepping much of the fallout from the global financial crisis....
Since assuming power in January 2017 the administration of President Nana Akufo-Addo has moved to rein in fiscal spending, industrialise rural regions and improve the business environment in order to jump-start economic growth. The government has brought down the fiscal deficit and freed up capital spending for priority projects, and Ghana’s economic prospects appear strong for 2018.
Articles & Analysis | Compulsory coverage boosts health insurance segment in Saudi Arabia from The Report: Saudi Arabia 2018
Health cover accounts for around half of the Saudi insurance market, with gross written premiums (GWPs) from this segment worth SR18.65bn ($5bn) in 2016. The health line of business has benefitted enormously in recent times from the expansion of the Kingdom’s medical services, as well as the introduction of statutory requirements for health...
Interviews & Viewpoints | Abdulaziz Al Boug, CEO, Tawuniya: Interview from The Report: Saudi Arabia 2018
How will the introduction of tighter regulations impact the operational models of Saudi insurers?
Articles & Analysis | Stronger regulations in place in Saudi Arabia insurance sector from The Report: Saudi Arabia 2018
These have been profitable times for the Saudi insurance sector, although bumpy ground in the economy overall has made the growth of premiums more challenging. The sector is undergoing a significant overhaul as a stronger regulatory framework is progressively implemented and enforced, and moves to consolidate the market are in progress....
Articles & Analysis | Introduction of short-selling on the Saudi Arabia Stock Exchange set to add liquidity from The Report: Saudi Arabia 2018
Saudi Arabia’s introduction of short-selling to its stock exchange was a regionally historic moment. Despite the elevation of Qatar and the UAE to MSCI Emerging Market status in 2013, none of the exchanges in the Gulf had introduced the concept before the beginning of 2017. The issue has been on the developmental agenda of exchange authorities...