The need for greater economic diversification in Saudi Arabia and the opportunities that diversification will create for local and international banks will be reviewed at an upcoming Euromoney conference in the kingdom.
The diversification policy of the UAE constitutes an important pillar of the economic performance as it reduces the dependence on oil and supports the real sector, said an industry expert, projecting a 5 per cent economic growth in 2014.
The International Monetary Fund (IMF) has called upon Bahrain to take immediate steps to diversify its sources of income and not to rely on oil revenues, said a report.
It also urged Bahrain to undertake comprehensive studies to r
A panel discussion on diversification of Bahrain's economy is being hosted by the Economic Development Board (EDB) in collaboration with the Bahrain Institute of Banking and Finance (BIBF).
The discussion will be held tomorrow
The robust and diverse energy policy of the UAE will ensure that the country remains attractive for foreign investment, said a senior official.
The UAE’s innovative energy policy rests on four pillars: diversification, conse
Qatar Navigation, a leading shipping and handling services provider, has drawn up a diversified operating portfolio consisting of a range of core maritime and logistics services as well as other activities.
The company retained Roland Berg
The need for Saudi Arabia to move away from the direct state/bank funding model and to the use of more diversified capital sources to fund its private sector will be discussed at an upcoming Euromoney summit in Riyadh.
Experts from around
The GCC is in a perfect position to diversify away from oil and other traditional investments like real estate, according to NBB chief investment officer Alan Durrant.
He told delegates at the Mena Investors Summit that with its booming ec
The UAE economy has proven its strength in dealing with the global financial crisis, due to the wise economic policies and the leadership’s emphasis on diversification, said its economy minister Sultan Al Mansouri.
Addressing a special gat