Banks in the United Arab Emirates and the Kingdom of Saudi Arabia Analytical Essay

Banks in the United Arab Emirates and the Kingdom of Saudi Arabia
A review of the financial performance and assets of KSA commercial banks, UAE commercial banks and Islamic banks.
# 153691 | 2,995 words | 13 sources | APA | 2012 | KE
Published on Oct 08, 2013 in Business (Finance, Investment and Banking)


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Description:

The paper explains the difference between commercial banks and Islamic banking and explores several Kingdom of Saudi Arabia (KSA) commercial banks, United Arab Emirates (UAE) commercial banks and Islamic banks. The paper utilizes several ratios to measure the performance of these banks and gauge the size of the bank relative to the economy or industry.

Outline:
Introduction
Islamic and Commercial Banking
KSA Commercial Banks
UAE Commercial Banks
UAE Islamic Banks

From the Paper:

"Both the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) are Middle East oil producing countries. The UAE is made up of seven different states that were formerly under the Trucial States of the Persian Gulf (The CIA World Factbook). These states include Abu Zaby (Dhabi), Ajman, Al Fujayrah, Ash Shariqah, Dubayy (Dubai), Umm al Qaywayn and Ra's al Khaymah. According to the CIA world fact book, the UAE is an open economy with an estimated per capita income of $38, 900 as at 2009. The oil industry is the biggest single contributor to UAE's national income accounting to over 25% of the GDP. The country's Gross Domestic Product was estimated to be $230 billion (official exchange rate) in 2009 with an average growth rate of 4%. Agriculture, industry and service accounted for 1.1%, 48.5%, and 50.4% of the GDP. The UAE has a population size of 4,975, 593 people and is the 114th most populous country in the world. It has an estimated labour force of 3.152 million people and 19.5 % of the people live below the poverty line. The country reported an estimated 1.5% inflation rate and public debt of 54% of the GDP for 2009, with $128.6 billion external debt. Stock of domestic Credit amounted to $263.9 billion as at 31st December, 2009."

Sample of Sources Used:

  • Abu Dhabi Commercial Bank, (December, 2009). Annual Report and Consolidated Financial Statements. Available at; www.adcb.com/Images/2009English_tcm20-14682.pdf. Accessed on 18th November, 2010
  • Abu Dhabi Commercial Bank, (September, 2010). Annual Report and Consolidated Financial Statements. Available at; www.adcb.com/Images/2009English_tcm20-14682.pdf. Accessed on 18th November, 2010
  • Bank AlBilad, (December, 2009). Consolidated Financial Statements. Available at; www.bankalbilad.com/en/BILAD31-12-2009.pdf. Accessed on 18th November, 2010
  • C.I.A., (2010). The World Fact Book: Saudi Arabia. Available at; www.cia.gov/library/publications/the-world-factbook/geos/sa.htm. Accessed on 18th November, 2010
  • C.I.A, (2010). The World Fact Book: United Arab Emirates. Available at; www.cia.gov/library/publications/the-world-factbook/geos/ae.htm. Accessed on 18th November, 2010

Cite this Analytical Essay:

APA Format

Banks in the United Arab Emirates and the Kingdom of Saudi Arabia (2013, October 08) Retrieved March 31, 2023, from https://www.academon.com/analytical-essay/banks-in-the-united-arab-emirates-and-the-kingdom-of-saudi-arabia-153691/

MLA Format

"Banks in the United Arab Emirates and the Kingdom of Saudi Arabia" 08 October 2013. Web. 31 March. 2023. <https://www.academon.com/analytical-essay/banks-in-the-united-arab-emirates-and-the-kingdom-of-saudi-arabia-153691/>

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