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Author:Wynne, T.
Christofides, A.
Title:Good times hit the Gulf
Journal:Euromoney
1997 : SEP, 9, p. 367-368, 370, 372, 374, 376, 378, 380, 382
Index terms:MIDDLE EAST
BANKS
SURVEYS
COMPANY RANKING
Language:eng
Abstract:For most banks in the Middle East 1996 was a very good year. Higher oil prices boosted government finances and accelerated economic growth in the Gulf region. Economic growth in the world markets had a positive effect on banks' investment portfolios. Business confidence in the Middle East in general remains buoyant and 1997 is looking like another good year for the banks. The Arab 100 table is dominates by the strong Saudi banks with seven of the the 12 Saudi banks among the top 12 players in the region.
SCIMA record nr: 171388
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