Middle East Economic Survey

VOL. XLIX

No 3

16-January-2006

REGIONAL

NBK To Open Branch In Saudi Arabia

The National Bank of Kuwait (NBK) is planning to open in February its first branch in Saudi Arabia, NBKs CEO Ibrahim Dabdoub announced on 1 January. This moves reflects the recent rise in economic growth in Saudi Arabia which has favorably affected many sectors, including the financial and investment-banking sector, said Mr Dabdoub.

BMA Licenses Two Investment Banks

The Bahrain Monetary Agency...