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The driving force behind the evolution of theoretical views and practical methods for the implementation of the central banks’ nature was to find ways of solving the two fundamental problems: firstly, to stimulate the economic growth and, secondly, to limit price increases. A significant influence on this process of the consistent globalisation of the world […]

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The textile and apparel industry comprises a significant proportion of the global economy. The industry makes up approximately seven percent of the worlds exports and is mostly dominated by the United States, Italy, Asia, China and other developed countries (United States International Trade Commission, 2015). Guatemala is one of the countries whose economy relies on […]

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Abu Dhabi Islamic Bank (ADIB) was formed as a public joint stock on May 20, 1997.The business entity conducts its activities according to Sharias law and principles set by the Central Bank of the United Arabs Emirates. Abu Dhabi Islamic Bank began its operation with a paid-up capital of one billion dirhams with a value […]

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Governments play major roles in the economy and have a powerful effect on the stabilization and the growth of any given economy. To achieve steady and sustainable growth, the government uses different tools to influence a nations economic activity (Mankiw, 2012). Amongst these tools, the most widely recognized are the monetary and fiscal policy. Monetary […]

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Gulf Cooperation Council (GCC) is an alliance created for political and economic reasons among the Middle Eastern countries. Its members include the United Arab Emirates, Bahrain, Kuwait, Saudi Arabia, Qatar, and Oman. This council was formed to foster unity among the member countries since they had the same political and cultural believes based on their […]

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Exxon Mobil Corp (ExxonMobil) is the world’s fifth largest company by revenue and the third publicly traded company in terms of market capitalization. According to Iskakov and Yilmaz (2015), its successful performance in the market has been highlighted by Fortune 500 Report of 2014 indicating that it is the second most profitable company in the […]

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