Kit Gillet is a freelance journalist currently based in Bucharest. His work appears regularly in the international press, for publications including The New York Times, The Guardian, The Economist, Monocle, The Financial Times, Los Angeles Times, The Wall Street Journal and CNN.
Business

Romania shrugs off label of Europe’s poor man as economy booms

With the fastest growing economy in the EU, Romania is looking to the future, those major issues still exist

Tripartite Free Trade Area plods along slowly in Africa

Africa’s Tripartite Free Trade Area would reduce regional tariffs and create a pan-African single market, to aid development and cash in on a growing middle class in the continent. But with member countries often belonging to multiple economic areas, progress is both complex and slow.

Kuwait’s oil and gas faces an uncertain future

A global deal to cut oil production and rebalance the market is good news for Kuwait – but it expires after six months. Can the country’s oil business expand its way to stability?

Saudi banks’ growth hit by liquidity squeeze

Liquidity in the Saudi Arabian banking sector has tightened, but there is no cause for concern just yet, reports Kit Gillet. However, the central bank is introducing measures to ease the pressure and boost lending.

Is the Gulf banking sector set for a wave of consolidation?

The merger between National Bank of Abu Dhabi and FGB could well trigger a series of consolidatory moves across the Gulf 's banking sector. But will this lead to the emergence of a handful of regional powerhouses?

Qatar’s CBG builds banks’ capital defences

Low oil prices could have hit Qatar's economy hard, but early action from the government appears to have shielded it from the worst of the impact. The country's central bank governor, Sheikh Abdulla Bin Saoud Al-Thani talks to Kit Gillet

Changing economics shifts Qatari banking landscape

As the Qatari economy begins to slow on the back of decreasing oil prices, liquidity in the country's banking system is feeling the squeeze. Ratings agencies have responded with downgrades, yet recent results are healthy as banks pursue new sources of growth.

Qatar remains strong in the face of new economic challenges

Qatar is expected to post its first budget deficit in 15 years in 2016, but, far from buckling under the pressure, the country is stepping up to the challenge of diversifying its economy and reining in public spending,

Dawn of the Dacia

Once the butt of car jokes, demand for cheap, reliable vehicles have helped Dacia become Europe’s fastest-growing brand

Limited impact from Russia bans but trade war possible

The Russian government has banned all imports of meat, fish, milk and milk products and fruit and vegetables from the United States, the European Union, Australia, Canada, and Norway

New US sanctions against Russia seem meant for the long-term

The new round of US economic sanctions against Moscow will inflict more damage on the Russian economy than previous rounds and they seem to be aimed with the long-term objective of discouraging Western investment in the nation.

Why the next few weeks will be crucial for Ukraine

Investors trying to gauge whether the Ukraine crisis has turned the corner or is headed for further escalation will likely get some important cues in the next few weeks.