Financial and Banking News

REGIONAL BANKING

Oil Crisis Brings Problems and Opportunities for Arab Banks

The current crisis in the oil market and its impact on the Gulf pose some problems as well as offering new opportunities to Arab banks, according to two prominent Arab bankers who spoke to MEES Associate Editor Mehran Nakhjavani in Bahrain recently. Mr. Abdulla Saudi, the President and Chief Executive of Arab Banking Corporation (ABC) and Mr. Ghazi M. Abdul-Jawad, the General Manager of...