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Book Cover
E-book
Author Seznec, Jean-François, author

Title The financial markets of the Arab Gulf : power, politics and money / Jean-François Seznec and Samer Mosis
Published New York : Routledge, Taylor and Francis Group 2019

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Description 1 online resource
Series Routledge international studies in money and banking
Routledge international studies in money and banking.
Contents A short history of the financial markets in the GCC states -- The financial markets of the United Arab Emirates -- The financial markets of Saudi Arabia -- The financial markets of Bahrain, Qatar, Kuwait and Oman -- The Gulf states in global financial markets -- Case studies
Summary 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 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.Along with critically surveying these institutions and their role in global finance, the book also presents cases 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
Notes Includes index
Bibliography Includes bibliographical references and index
Notes Description based on print version record
Subject Financial institutions -- Persian Gulf Region
Finance -- Persian Gulf Region
BUSINESS & ECONOMICS -- Finance.
BUSINESS & ECONOMICS -- Development -- Economic Development.
BUSINESS & ECONOMICS -- Economic History.
BUSINESS & ECONOMICS -- Banks & Banking.
Finance
Marketing
Persian Gulf Region
Form Electronic book
Author Mosis, Samer, author
LC no. 2020692860
ISBN 9781351059695
1351059696
9781351059718
1351059718
9781351059688
1351059688
9781351059701
135105970X
0815380801
9780815380801