China in MEA: more than bricks and mortar

China in MEA: more than bricks and mortar

By KANIKA SAIGAL

Five years after China launched its Belt and Road Initiative, its ambitions in the Middle East and Africa are beginning to go beyond infrastructure and oil.

SocGen and Absa mull CIB tie-up

SocGen and Absa mull CIB tie-up

By DOMINIC O’NEILL

Partnership could replace broken Barclays links; follows rumours of sale of Société Générale South Africa custody unit to Absa.

Lebanon: Turbulence can’t touch Blom

Lebanon: Turbulence can’t touch Blom

By OLIVIER HOLMEY

Saad Azhari has quietly ushered in a new era at Blom Bank. The outwardly conservative firm has embraced technology and pulled off a transformative acquisition for its wholesale business. But prudence remains the watchword in such a tempestuous market.

Saudi Arabia gets MSCI recognition

Saudi Arabia gets MSCI recognition

By OLIVIER HOLMEY

Inclusion in the emerging market index is recognition of the country’s reforms and could bring $50 billion of foreign investment.

Middle East’s strategic location drives FX growth

Middle East’s strategic location drives FX growth

By PAUL GOLDEN

Less onerous regulatory requirements and the proximity to markets where retail FX is prohibited continue to encourage brokers to set up shop in the Middle East, despite ongoing state protection for the Saudi Arabian currency.

Iran sanctions: special focus

Iran sanctions: special focus

Euromoney investigates how the relaxation of western sanctions on Iran – dubbed the world’s most lucrative closed economy – will jump-start trade and capital flows from Europe to the Gulf, and plots a vision for the country's banking system and economic transformation, more generally.

In the spotlight: Angola

In the spotlight: Angola

Angola, which has recently emerged from civil war, is in the process of building its own identity. A systematic drive towards diversification of the economy away from the oil sector and the process of de-dollarization are pivotal parts of this process. How are banks, the government and locals coping as this transformation takes hold?