Arab Banks

Arab Banks

The following is a list of banks in the Arab World. The modern system of Arab banks was created in Egypt in the late 19th century, with the campaign of modernizing the country. Today Arab banks are among the most pioneering in Developing countries, and some are competitors to major international banks. A new system of banking has also been introduced by the Arab World, to suit its Islamic laws regarding the creation of wealth, thus Islamic banks were created.

Read more about Arab Banks:  Jordan, Kuwait, Qatar, Yemen

Famous quotes containing the words arab and/or banks:

    As the Arab proverb says, “The dog barks and the caravan passes”. After having dropped this quotation, Mr. Norpois stopped to judge the effect it had on us. It was great; the proverb was known to us: it had been replaced that year among men of high worth by this other: “Whoever sows the wind reaps the storm”, which had needed some rest since it was not as indefatigable and hardy as, “Working for the King of Prussia”.
    Marcel Proust (1871–1922)

    I am an intelligent river which has reflected successively all the banks before which it has flowed by meditating only on the images offered by those changing shores.
    Victor Hugo (1802–1885)