NO. 01


Financial and Banking News

Regional Banking

Gulf Banks Rise To The Challenge Of Regional Development

As the 1990s progress, the importance of domestic banks in the economicdevelopment of the Gulf states is growing as the banks take over from the statethe role of funding growth and allocating resources. Privatization is thewatchword of economic policy throughout the region as Gulf governments try toreduce expenditure and persuade the private sector to assume more...