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LATEST ARTICLES
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Global trade flows are set to increase to $33 trillion by 2020 according to the World Trade Organization, driven in part by the growing south-south trade corridors.
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The use of mobile-banking services in Africa has rocketed in recent years, but the rapid advance of this type of payment technology is throwing up challenges over how to manage this growth while protecting the end-user.
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Kenya’s largest mobile phone carriers will push ahead with the acquisition of yuMobile after Kenyan authorities removed a number of restrictive conditions on the deal.
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Nairobi is to become the location for Ecobank’s first investment banking business in east Africa and will provide a platform to access the developing capital markets in the region.
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Bankers are hoping the avalanche of low-fee African sovereign Eurobond deals will provide a gateway to more-remunerative business, says Helmut Engelbrecht, head of investment banking in Africa for Standard Bank.
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The region’s markets are growing rapidly, and might even hit new highs this year. Meanwhile, a patchy record in growth and some important issuer absences do not seem to trouble international investors.
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The country is forging ahead in its aim of becoming a regional Islamic finance hub, issuing its debut sukuk in July. However, questions remain as to exactly how dedicated it is to reaching this goal.
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Collaboration between transaction banks and Swift is helping to spread the burden and rocketing cost of compliance, but for some banks' trade finance businesses, client relationships have already been hit hard by the expense.
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SWF hires for internal equities; turning active.
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Senegal should focus on diversifying funding channels rather than marketing itself as an Islamic finance hub, which could limit investor interest.
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A big jump in investment-banking fees is a sign of health, but it belies a lumpy recovery.
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The latest results from the ECR survey show emerging markets (EMs) becoming riskier during the first half of this year, in contrast to the increasing safety offered by developed countries across the G10 and an improving eurozone.
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Lafarge consolidates its regional business to challenge Dangote Cement’s dominance of the market, which is growing amid industrialization, but analysts worry the company’s South African assets are overpriced.
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Cote d’Ivoire’s return to the Eurobond market with a $750 million deal, three years after default, saw huge demand and priced within Kenya’s debut issue just a month ago.
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Few houses have the wherewithal to be top five players across all asset classes in emerging markets. They should target opportunistic higher margin business.
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Expansion beyond their domestic market highlights the ambition of Nigeria’s banks, but their success will be hampered without African cohesion.
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RBS has had to cease using BankTrade software after the US federal court upheld the bank was breaching copyright.
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The monopoly that some money-transfer operators have on systemically important remittance flows to sub-Saharan Africa has stifled innovation in the payments industry – and imposed high costs on consumers – but change is afoot.
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Euromoney Country RiskBosnia-Herzegovina is the world’s riskiest sovereign, according to a new model developed to calculate default probabilities, ahead of other high-risk countries such as Belarus, Ukraine and Rwanda.
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Iraq’s economic potential may be enticing regional and western banks to develop operations there but the rise of the jihadist group is cause for alarm.
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The rand, as a high-beta benchmark for global risk appetite, has been buoyed up by benign international market conditions. However, analysts say a stubborn current-account deficit and weak growth suggest a bearish stance on the rand is appropriate in the medium to long term.
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Although terrorist attacks raged in Kenya at the beginning of the week, the country’s first Eurobond and the largest in the continent excluding South Africa was received well, highlighting sustained demand for emerging market debt.
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Chief financial officers, treasurers and finance professionals of more than 200 companies across industries consider cash management and forecasting to be their top priority over the next couple of years, according to new research.
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Iran has a heavily populated and complex banking sector, with several large state-owned banks that hold most of the country’s assets and deposits and at least 17 privately owned banks that tend to be smaller but more nimble and entrepreneurial. Euromoney profiles six institutions that represent different parts of the picture.
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Can Dubai take advantage of Tehran’s rapprochement with the US to once again become Iran’s de facto financial link to the world?
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Alex Thursby learnt his trade at StanChart and ANZ, but it’s to Asia’s regional champions that he looks for inspiration in his new role as CEO of National Bank of Abu Dhabi. Clients come first, but his big plan is a bold one: to put NBAD at the centre of where east meets west.
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Markets rising as more investments kept at home; merger between main markets might occur.