Download or read book The Financial Markets of the Arab Gulf written by Jean Francois Seznec and published by Routledge. This book was released on 2018-11-13 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial markets across the Arabian Peninsula have gone from being small, quasi-medieval structures in the 1960s to large world-class groupings of financial institutions. This evolution has been fueled by vast increases in income from oil and natural gas. The Financial Markets of the Arab Gulf presents and analyzes the banks, stock markets, investment companies, money changers and sovereign wealth funds that have grown from this oil wealth and how this income has acted as a buffer between Gulf society at large and the newfound cash reserves of Gulf Cooperation Council states (Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Oman and Bahrain) over the last fifty years. By assessing the development of institutions like the Abu Dhabi Investment Authority, the Saudi Arabian Monetary Authority, the Public Investment Fund and the National Bank of Kuwait, The Financial Markets of the Arab Gulf evaluates the growth of the markets and provides a detailed, critical, snapshot of the current form and function of the Gulf’s financial markets. It argues that the markets have been controlled by various state institutions for socio-political reasons. In particular, the Saudi state has used its sophisticated regulatory regime to push for industrialization and diversification, which culminated in the Vision 2030 plan. The UAE, Qatar, Kuwait, Bahrain and Oman have also been strongly involved in establishing modern markets for similar purposes but have done so through different means, with varying results, and each in line with what has been considered their respective comparative advantages. Along with critically surveying these institutions and their role in global finance, the book also presents case studies depicting transactions typical to the region, including the highly profitable documentary credits of commercial banks, the financial scandal of certain financiers and their regulatory arbitrage between Bahrain and Saudi Arabia, a review of the Dubai’s trade miracle, and an assessment of the value and importance of the privatization of Saudi Aramco.

Download or read book Money Markets and Monarchies written by Adam Hanieh and published by Cambridge University Press. This book was released on 2018-09-13 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: An original and empirically grounded analysis of the Gulf monarchies and their role in shaping the political economy of the Middle East.

Download or read book Sectarian Politics in the Gulf written by Frederic M. Wehrey and published by Columbia University Press. This book was released on 2013-12-17 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of Foreign Policy's Best Five Books of 2013, chosen by Marc Lynch of The Middle East Channel Beginning with the 2003 invasion of Iraq and concluding with the aftermath of the 2011 Arab uprisings, Frederic M. Wehrey investigates the roots of the Shi'a-Sunni divide now dominating the Persian Gulf's political landscape. Focusing on three Gulf states affected most by sectarian tensions—Bahrain, Saudi Arabia, and Kuwait—Wehrey identifies the factors that have exacerbated or tempered sectarianism, including domestic political institutions, the media, clerical establishments, and the contagion effect of external regional events, such as the Iraq war, the 2006 Lebanon conflict, the Arab uprisings, and Syria's civil war. In addition to his analysis, Wehrey builds a historical narrative of Shi'a activism in the Arab Gulf since 2003, linking regional events to the development of local Shi'a strategies and attitudes toward citizenship, political reform, and transnational identity. He finds that, while the Gulf Shi'a were inspired by their coreligionists in Iraq, Iran, and Lebanon, they ultimately pursued greater rights through a nonsectarian, nationalist approach. He also discovers that sectarianism in the region has largely been the product of the institutional weaknesses of Gulf states, leading to excessive alarm by entrenched Sunni elites and calculated attempts by regimes to discredit Shi'a political actors as proxies for Iran, Iraq, or Lebanese Hizballah. Wehrey conducts interviews with nearly every major Shi'a leader, opinion shaper, and activist in the Gulf Arab states, as well as prominent Sunni voices, and consults diverse Arabic-language sources.

Download or read book Persian Gulf States written by Library of Congress. Federal Research Division and published by Division. This book was released on 1994 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research completed January 1993.

Download or read book The Gulf States in International Political Economy written by Kristian Coates Ulrichsen and published by Springer. This book was released on 2016-05-02 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kristian Coates Ulrichsen documents the startling rise of the Arab Gulf States as regional powers with international reach and provides a definitive account of how they have become embedded in the global system of power, politics, and policy-making.

Download or read book The Financial Markets of the Arabian Gulf written by Jean-Francois Seznec and published by Routledge. This book was released on 2017-11-30 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1987, The Financial Markets of the Arabian Gulf looks at the importance of finance and the flow of funds to the development of the countries in the Arabian Gulf. Examining in detail the financial markets of Kuwait, Saudi Arabia and Bahrain, the book looks at how each of these markets has developed differently because of the political choices made by each government and how each is faced with different cultural and sociological variables which has influenced future of the financial markets. This book provides a look at the fiber of each of these three Arab Nations in respect of their financial markets.

Download or read book Capitalism and Class in the Gulf Arab States written by Adam Hanieh and published by Springer. This book was released on 2016-04-30 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the recent development of Gulf capitalism through to the aftermath of the 2008 economic crisis. Situating the Gulf within the evolution of capitalism at a global scale, it presents a novel theoretical interpretation of this important region of the Middle East political economy.

Download or read book Politics of Islamic Finance written by Henry Clement Henry and published by Edinburgh University Press. This book was released on 2019-07-30 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can the contemporary Islamic finance movement be shown to meet the requirements of modern commerce? In the wake of the terrorist attacks on America the UN Security Council passed a resolution targeting transnational sources of terrorist funds. The United States and the International Monetary Fund are encouraging the governments of the Middle East to adopt policies of economic liberalism and a new type of capitalism, based on Islamic values and beliefs, is emerging.The aims of the book are:* to explore the political implications of the slow but steady accumulation of Islamic capital* to analyse the connections between Islamic finance and Islamic political movements in Middle Eastern and North African countries* to show that the commonly-perceived connection between Islamic finance and money laundering and terrorism is by no means the complete picture. Readers will learn to appreciate the various political contexts in which Islamic finance operates in the Middle East and North Africa and will acquire some understanding of its political as well as economic constraints. Hopefully possible misunderstandings about Islamic banking and finance will be corrected.The book is divided into two parts - part one is thematic and lays the ground for the country-specific case studies in part two (covering the Sudan, Kuwait, Jordan, Turkey, Tunisia and Egypt). The contributors include political scientists, economists and historians.Key Features:* A major topical issue* Written by the world's leading experts on Islamic Political Economy* Explores the connections between Islamic finance and Islamic political movements* Includes country-specific case studies

Download or read book Impact of the Global Financial Crisis on the Gulf Cooperation Council Countries and Challenges Ahead written by Ms.May Y Khamis and published by International Monetary Fund. This book was released on 2010-07-21 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Departmental papers are usually focused on a specific economic topic, country, or region. They are prepared in a timely way to support the outreach needs of the IMF’s area and functional departments.

Download or read book Political Economic and Financial Country Risk written by Mohamed A. Ramady and published by Springer Science & Business Media. This book was released on 2013-10-19 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Decades go by and nothing happens; then weeks go by and decades happen”. This apt saying encapsulates the dramatic convulsions taking place across the Arab world that first erupted in 2011 in Tunisia and which rapidly spread to other countries. These events have affected the lives of ordinary citizens in many more ways than had been intended when the ‘Arab Spring’ broke out, with the endgame still not very clear as demonstrated in countries like Egypt, Syria and Libya. By comparison, with some exceptions, the six countries comprising the Gulf Cooperation Council have been relatively unaffected by the general turbulence and uncertainties lapping around them. However, geopolitical shifts involving global superpower rivalries, combined with revolutionary breakthroughs in the non-conventional hydrocarbon energy sector are threatening to challenge the importance of the Arabian Gulf as the world’s leading suppliers of energy, putting their economies under fiscal stress. The author examines such challenges by: • Providing the first in-depth statistical analytical assessment of the GCC countries using monthly data over the period 2001 -2013 for the three risk categories- economic, financial and political risks- and their sub –components so as to enable policymakers enhance components with low risk , while addressing components with perceived higher risk, • Assessing FDI and capital inflows and outflows before and after the “Arab Spring” , and how to encourage FDI inflows, • Inter –Arab and GCC trade and synergies in power transmission , transportation links and establishing new hubs of centers of manufacturing excellence , • Exploring private sector-led growth models to reduce forecasted unemployment. Being complacent is not an option for the GCC. The aim of the book is that having a better understanding of each of the GCC countries’ individual risk parameters will enable the GCC meet future challenges and reduce the chances of a negative ‘Arab Spring’ occurring in the region. Mohamed Ramady is a Visiting Associate Professor at the Department of Finance and Economics, King Fahd University of Petroleum and Minerals. His main research interests are the economics of the Middle East and Saudi Arabia in particular, as well as money and banking He also held senior positions with international financial institutions in the Arabian Gulf and Europe.

Download or read book Capitalism and Islam in the Making of Modern Bahrain written by Rajeswary Ampalavanar Brown and published by Oxford University Press. This book was released on 2023-05-25 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the culture, society, politics, and economics of Bahrain have been transformed, driving its global ambitions while retaining to a degree the rule of law and cosmopolitanism. Islam and Capitalism in the Making of Modern Bahrain examines the transformation of Bahrain from the 1930s, from a regional trading port and then an important oil producer into the financial hub for the Gulf and into a global centre of Islamic finance. It focuses on the changes and tensions that transformation brought to Bahrain's political, legal, economic, religious, and social structures. In this book, Rajeswary Brown explores the rising force of youth populism driven by the persistence of poverty and unemployment, notably among rural Shi'ite communities and unemployed middle-class youth, as well as examining Bahrain's skillful reconciliation of the demands of Islamic faith, expressed in the Sharia, to the requirements of modern financial capitalism. In this, Bahrain's experience can be set against the modern history of much of the rest of the Middle East, most strikingly with respect to the position of Islamic charities, notably in Syria, comparisons of which are fully explored here.

Download or read book Bahrain 1975 76 2020 written by Anthony Axon and published by BRILL. This book was released on 2023-09-20 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bahrain has roots deep in the past, going back some 5,000 years. It was a vital link between civilisations, such as the Phoenicians, the Levant and Mesopotamia. The 'modern' era of Bahrain began in 1783, following the island's conquest by Ahmed al-Fateh. It has been ruled by the al-Khalifa family since 1961. Bahrain was declared independent from the United Kingdom in August 1971, and issued its first constitution in 1973.

Download or read book Financial Markets and Institutions in the Arab Economy written by Niḍāl Rashīd Ṣabrī and published by Nova Publishers. This book was released on 2008 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to trace and point out the recent developments occurred in the Arab Economy in the last two decades, including trends toward integration, liberalisation, and globalisation. This book indicates the most recent changes in the Arab Financial Institutions including banks, insurance companies, pension funds and other financial institutions. There is also the discussion of issues in market stability and efficiency in the light of new Arab environment of stock trading. This book is a comprehensive text covering the Arab Financial Sector.

Download or read book Routledge Library Editions Financial Markets written by Various and published by Routledge. This book was released on 2021-07-09 with total page 5571 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volumes in this set, originally published between 1970 and 1996, draw together research by leading academics in the area of economic and financial markets, and provide a rigorous examination of related key issues. The volumes examine the stock exchange, capital cities as financial centres, international capital, the financial system, bond duration, security market indices and artificial intelligence applications on Wall Street, whilst also exploring the general principles and practices of financial markets in various countries. This set will be of particular interest to students of economics and finance respectively.

Download or read book Accounting Finance and Taxation in the Gulf Countries written by W. Abdallah and published by Springer. This book was released on 2016-04-30 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on how multinational companies can plan and manage their international business in the Gulf countries. Important issues of accounting, auditing, finance, taxation, marketing, and managerial issues are covered in each of the selected Gulf countries.

Download or read book Islamic Banks and Financial Institutions written by Fayaz Ahmad Lone and published by Springer. This book was released on 2016-04-29 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a study of the objectives of Islamic Finance in the modern banking space and offers insight into the effects of changes and developments occurring in Islamic banking products and services.

Download or read book Dissertation Abstracts International written by and published by . This book was released on 1995 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: