A profile of leading banks in the United Arab Emirates.
Following the positive reception of our Kuwait banking visualisation, we explore the UAE. A measured balance between Abu Dhabi and Dubai further solidified by more recent M&A activity.
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Why do the Swiss specialise in watchmaking, Japanese in denim or electrical equipment, and software in Silicon Valley? These are all examples of complex economic areas, but what makes them so?
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The Gulf Cooperation Council (GGC), formed in 1981, is the founding step towards recognising the benefits of formal, regional trade relations. In fact, trade openness has been found to contribute to development and higher living standards. Kuwait, as part of the GCC, benefitted from preferential tariff treatment and strengthened cooperation with major industrial nations.
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