Middle East Economic Survey
VOL. XLVIII
No 28
11-July-2005
Regional
GIH Positive On GCC Banks Medium-Term Prospects, But Calls For Changes
The GCCs banking industry has been following a strong growth trajectory over the past few years due to the boom in the oil and gas industry and record high oil prices, according to the GCC Banking Sector Report issued by Global Investment House (GIH) in May, which covers 45 listed banks (see http://www.globalinv.net/research/GCC-Banking-Sector-2005.pdf for the...
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