ABA member, Dr. Nicolas Bremer, has published a short note on how businesses should respond to the sanctions imposed on Qatar by some Arab countries.
Eid el-Fitr is the Muslim holiday that marks the end of the month of Ramadan. The first day of the Eid (which means 'festival' in Arabic) was due to be either Sunday 25 June or Monday 26 (depending on the movement of the moon), and the ensuring holiday (when offices in Muslim countries are closed) lasts several days. The number of days differs from country to country.
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The Lebanese Cabinet has renewed Riyad Salamé's term as Governor of the Banque du Liban - the Lebanese Central Bank - for another six years, from 1 August. Salame was first appointed in 1993.
Mohammed al-Tuwaijri, Saudi Arabia's Vice Minister of Economy and Planning, has given an interview with Bloomberg in which he provided some details on the Kingdom's plans to issue more debt, privatise state companies and balance the budget.
Mergers are rare in Gulf banking, but there are currently three significant mergers at various stages of consideration or completion. The ABA's editor takes a look, and provides some statistics.
Now that Ramadan and Eid el-Fitr have passed, and summer is upon us, London is offering a wealth of cultural treats for those interested in the Middle East.