The Financial Markets of the Arabian Gulf

The Financial Markets of the Arabian Gulf
Author: Jean-Francois Seznec
Publisher: Routledge
Total Pages: 198
Release: 2017-11-30
Genre: Business & Economics
ISBN: 1351333674

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.

The Financial Markets of the Arab Gulf

The Financial Markets of the Arab Gulf
Author: Jean Francois Seznec
Publisher: Routledge
Total Pages: 208
Release: 2018-11-13
Genre: Business & Economics
ISBN: 1351059696

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.

Money, Markets, and Monarchies

Money, Markets, and Monarchies
Author: Adam Hanieh
Publisher: Cambridge University Press
Total Pages: 315
Release: 2018-09-13
Genre: Business & Economics
ISBN: 1108429149

An original and empirically grounded analysis of the Gulf monarchies and their role in shaping the political economy of the Middle East.

Banking in the Arab Gulf

Banking in the Arab Gulf
Author: John R. Presley
Publisher: Springer
Total Pages: 172
Release: 1991-06-18
Genre: Business & Economics
ISBN: 1349107913

Reflects the state of banking in the Arab Gulf and activity in the region's financial markets. Each chapter examines the development of commercial banking, monetary policy and the role of the central banks, and the role of specialized financial institutions.

Economic Uncertainty, Instabilities And Asset Bubbles: Selected Essays

Economic Uncertainty, Instabilities And Asset Bubbles: Selected Essays
Author: Anastasios G Malliaris
Publisher: World Scientific
Total Pages: 373
Release: 2005-10-03
Genre: Business & Economics
ISBN: 9814480045

The compendium of papers in this volume focuses on aspects of economic uncertainty, financial instabilities and asset bubbles.Economic uncertainty is modeled in continuous time using the mathematical techniques of stochastic calculus. A detailed treatment of important topics is provided, including the existence and uniqueness of asymptotic economic growth, the modeling of inflation and interest rates, the decomposition of inflation and its volatility, and the extension of the quantity theory of money to allow for randomness.The reader is also introduced to the methods of chaotic dynamics, and this methodology is applied to asset pricing, the European equity markets, and the multi-fractality in foreign currency markets.Since the techniques of stochastic calculus and chaotic dynamics do not readily accommodate the presence of stochastic bubbles, several papers discuss in depth the presence of financial bubbles in asset prices, and econometric work is performed to link such bubbles to monetary policy.Finally, since bubbles often burst rather than deflate slowly, the last section of the book studies the crash of October 1987 as well as other crashes of national equity markets due to the Persian gulf crisis.

Financial Systems and Labor Markets in the Gulf Cooperation Council Countries

Financial Systems and Labor Markets in the Gulf Cooperation Council Countries
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 60
Release: 1997-11-11
Genre: Business & Economics
ISBN: 9781557757128

This volume comprises two separate papers on key structural aspects of the reform process in the Gulf Cooperation Council countries. The first paper addresses issues related to financial intermediation and reform in the context of the evolving economic environment in the GCC countries. The second discusses the labor market challenges and policy issues in the GCC countries and their implications for the Middle East and North Africa (MENA) region.

Stock Markets of the Arab World

Stock Markets of the Arab World
Author: A. S. Abdul Hadi
Publisher: Taylor & Francis
Total Pages: 177
Release: 2023-05-31
Genre: Business & Economics
ISBN: 1000906736

First published in 1988, Stock Markets of the Arab World provides a sound description and analysis of the stock market situation in Arab countries and an evaluation of previous attempts at the integration of capital markets. Foreign interest in the oil producing Arab countries has grown due to the accumulation of international reserves. Oil producers are looking for an alternative to their near-term investments in United States Securities through a diversification of their economies. This book argues that these countries could profitably invest these reserves through an integration of their securities markets. It also says that prospects of increased linkages among Arab domestic markets do exist. This is an interesting read for scholars and researchers of Middle East studies, Arab economy and economics in general.

Gulf Capital and Islamic Finance: The Rise of the New Global Players

Gulf Capital and Islamic Finance: The Rise of the New Global Players
Author: Aamir A. Rehman
Publisher: McGraw Hill Professional
Total Pages: 352
Release: 2010-01-08
Genre: Business & Economics
ISBN: 0071713247

A detailed overview of Sharia-compliant finance—one of today’s most dynamic and influential sectors Islamic banks, which are becoming increasingly wealthier, are ever in search of sharia-compliant investments. In order to capitalize on this new development, investing professionals must familiarize themselves with this burgeoning investing method. Gulf Capital & Islamic Finance introduces bankers, money managers, and investors to the strategic and technical aspects of Islamic finance, covering a broad range of vehicles, including Islamic bonds, Sukuks, ETFs, and takaful (Islamic insurance). In an era of evaporating liquidity and endless adjustments to economic crises, Islamic finance is one of the few areas that continues to grow.

Routledge Library Editions: Financial Markets

Routledge Library Editions: Financial Markets
Author: Various
Publisher: Routledge
Total Pages: 5571
Release: 2021-07-09
Genre: Business & Economics
ISBN: 1351333593

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.

The Arabian Gulf Between Conservatism and Change

The Arabian Gulf Between Conservatism and Change
Author: The Emirates Center for Strategic Studies and Research
Publisher: Emirates Center for Strategic Studies and Research
Total Pages: 49
Release: 2009-08-04
Genre: Antiques & Collectibles
ISBN:

Since the beginning of the 21st century the Gulf region has been faced political and security-related changes and socio-economic transformations that have placed enormous pressure on the Gulf countries, threatened their internal stability and, ultimately, left them with two options: either continue to follow previous methods and policies, or radically change methods, policies and institutions in order to preserve these countries’ existence and further progress and development. The Gulf countries have attempted to respond to these changes and challenges by perpetuating their old values, policies and institutions by amending and improving them as part of a gradualist approach. However, this approach has not bridged the wide gap between the realities of modern Gulf societies and their aspirations to establish development policies and popular and democratic participation, reform their development models and economic structures; improve educational systems, strengthen social building, enhance cultural movement, and empower women in public life. This book – which comprises the papers presented in the sessions of the 13th ECSSR Annual Conference convened between March 31 and April 2, 2008 – discusses the issue of continuity and change in the Gulf region, which is considered both one of the most vital and most problematic current challenges in the region. The book addresses the points of difference and aspects of contradiction that have emerged in a wide sphere among the Gulf countries between conservative and reformist trends in the political, economic, social, cultural, and educational domains.