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CONTENTS

The Spring 2003 issue of Arab Banker will include a focus on The Levant and Turkey together with articles on Islamic Banking and Finance and IT & Security. Our usual round up of news and views on the Arab banking and finance scene will feature along with our regular items on art & culture and book reviews. Plus much more.

The suffering of the people of Palestine is being graphically illustrated on our television screens and in our newspapers and we hear daily examples of the stress, trauma and tragedy that has become the norm for so many Palestinians. Conscious of the concerns of Arab Banker readers and their desire to do what they can to help the people of Palestine the Arab Bankers Association has established the ABA Emergency Palestine Relief Fund. All monies donated to this fund will be distributed on an equal basis between the following well-respected UK-registered charities that work in Palestine.

° Action around Bethlehem Children with Disability

° Foundation for Al-Quds University Medical School

° Friends of the Spafford Children’s Centre

° Interpal

° Medical Aid for Palestinians

° St John Opthalmic Hospital


If you would like to donate to this group of charities please contact the ABA or click here to download a Pdf file containing the donation form (Requires the Adobe Acrobat reader)



Volume XVII Number 1/2, Autumn 2002
Editorial
Features in the current issue ... more

Subscribe now to Arab Banker for the latest on People in the News, Banking & Finance News and Bank Results.

Plus listings of forthcoming events of interest to our readers.


SAUDI ARABIA FOCUS

The mood in Saudi Arabia is somewhat subdued but business goes on. The optimism that marked economic resurgence on the back of high oil prices still drives expansion of the banking and finance sector, as Arab Banker's George Kardouche found out during his visit to the Kingdom and a series of exclusive interviews with bankers ... more

SAMA's path to Saudi stability
Saudi Arabia's Monetary Agency (SAMA), the kingdom's central bank, presides over financial regulation and monetary policymaking that is central to the country's economic planning, as SAMA governor HE Hamad Al Sayari explained in an exclusive interview ... more


Interview
Arab Banker interviews five leading decision-makers in the banking sector on the challenges and opportunities facing Saudi banking and capital markets.



Fixed focus on GCC merchant banking
Gulf International Bank (GIB), which recently opened a Riyadh branch, has drawn up a comprehensive strategy with the aim to become the leading merchant bank of choice for the GCC region, says GIB CEO Dr Khaled Al-Fayez in an exclusive interview with Arab Banker ... more

Dr Khaled Al-Fayez

Ideals and reality of GCC's integration programme
The Gulf Cooperation Council is falling short of its declared goal of full commercial integration of the six member states, so what can be done to speed things up? Dr Humayon A Dar and Professor John R Presley weigh the GCC's options.

Islamic Banking & Finance
Product vs investor demand


Stella Cox
The Islamic financial sector has witnessed remarkable growth in recent years. But that development, says Stella Cox in this survey, has also posed new challenges to the practitioners in the field and raised the question: do the current Islamic financial products and services satisfy investor requirements? ... more

E-banking security - weighing risks against rewards
E-banking is gaining popularity across the Middle East and North Africa region, but is it secure? What should banks do to protect themselves and their clients against online fraud? James Buckett outlines the challenges posed by e-banking and rewards inherent in its positive contribution to increasing global commerce.

Funding healthcare for Palestinians
Despite extreme financial constraints, the first and only Palestinian Medical School has producing graduates in Jerusalem, but more is needed to ensure its survival and guarantee essential health care in the Palestinian territories, says Professor Colin Green.

Contemporary Arab art -
Signs of changing times?
The art of modern painters and sculptors in the Arab world, many of them women, reflects everyday concerns that range from social issues to international developments. Palestinian troubles dominate the agenda of many artists, as Arab Banker found out ... more

The Palestinian Village by Nabil Anani, © EAP
Arab Stock Markets
Politics impact on trading

Political tensions influenced the performance of stock markets across the Arab world in recent weeks, but in some cases shares did better than expected in adverse circumstances, says Ayham Zekra in his quarterly analysis.




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