For all its economic and cultural diversity, the Arab world is a more homogenous region than many other supposed regional blocs: far greater commonality of language than Europe, less diversity of currency movement than Asia, more geographic common ground than the Brics. So it’s little surprise to see that more and more of the Middle East’s biggest banks are building regional models. What’s interesting is the range of ways they are going about it.
Two different approaches can be identified.
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