Economic growth in the Gulfstates such as the UAE and Bahrain haveworldwide attracted attention in recent yearswith a burgeoning service sector tocomplement their considerable oil revenues.However many ask whether the currentrecession will stem this, or whether they are ina position to establish...

The deterioration in the financial climate over the past12 months has eroded consumers’ confidence in theirown financial security, with 58% of consumers eitherdisagreeing (33%) or disagreeing strongly (25%) thatthey feel more financially secure.This can be attributed, to some extent, to...