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After a decade of stasis, consolidation in the Gulf Cooperation Council (GCC) banking sector has grown to fever pitch, with rumours about new combinations emerging on an almost…
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DOI: 10.1108/OXAN-DB243683
ISSN: 2633-304X
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Last month Carillion, the United Kingdom’s second-largest construction and outsourcing firm, went into liquidation. It employed 43,000 people and had 2017 revenues of 5.2 billion…
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DOI: 10.1108/OXAN-DB230001
ISSN: 2633-304X
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US banking stress reinforces risks for Gulf Cooperation Council (GCC) sovereign wealth funds (SWFs), although they are not significantly exposed to global banks directly. GCC SWFs…
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DOI: 10.1108/OXAN-DB279133
ISSN: 2633-304X
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Earlier, Cairo had announced plans to raise finance by selling off state-owned assets. It is seeking to cover deficits that are increasing rapidly because of the global commodity…
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DOI: 10.1108/OXAN-DB271118
ISSN: 2633-304X
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Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…
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DOI: 10.1108/OXAN-DB251403
ISSN: 2633-304X
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His statement contrasts with broader regional trends. The six states of the Gulf Cooperation Council (GCC) have been overbanked for many years, but buoyant economies provided a…
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DOI: 10.1108/OXAN-DB217451
ISSN: 2633-304X
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Having largely overcome the economic impact of the regional boycott, Qatar is doubling down on efforts to attract inward investment. At the same time as seeking foreign…