Handbook Of Banking And Finance In The Mena Region: 13 (Transformations In Banking, Finance And Regulation)

According to World Bank (2021), the economic recovery post-COVID-19 in the Middle East and North Africa (MENA) has been uneven and tumultuous. Reasons for this include exposure to oil-price fluctuations, the impact of pandemic, public demonstrations, and political instability. Although the MENA region encompasses a variety of countries — wealthy, stable and oil-rich countries such as Saudi Arabia and Qatar as well as less secure countries such as Iraq and Syria — it plays an important role in the global economy. Handbook of Banking and Finance in the MENA Region explores the trends in finance and banking of the MENA region, including theoretical and empirical perspectives from researchers around the globe. The first part of the book explores numerous reforms in the region's banking and finance, including digital technology, financial technology (fintech) and green finance. While financial inclusion in the Gulf Cooperation Council is much higher, the other countries in the MENA region have yet to overcome this trend, and the second part of the book provides specific case studies of ways in which banks have contributed to the region. The final section of the book considers macroeconomic factors and financial development. Together these perspectives enrich the discussion of facts and development challenges in the finance and banking of the MENA region as a whole.

Khaled Hussainey is a Professor and Research Lead of Accounting and Financial Management at the Faculty of Business and Law, University of Portsmouth, UK. He has over two and a half decades of teaching and research experience at both undergraduate and postgraduate levels. He has a growing research reputation in the field of accounting and finance. He has been featured in the "World Ranking of Top 2% Researchers" in the 2021 database (Published: October 19, 2021) created by experts at Stanford University, USA. He has published about 150 articles in peer-reviewed journals, and has written a number of book chapters and edited a textbook on corporate governance in emerging economies. He also won the best paper award from the British Accounting Review in 2007 and the Journal of Risk Finance in 2012. He has supervised more than 60 PhD scholars and has examined more than 120 PhD theses. He has received research grants from the Economic and Social Research Council (ESRC), the British Academy, the Qatar National Research Foundation (QNRF), the Financial Reporting Council (FRC), Plymouth University, the University of Portsmouth, and Abu Dhabi University. His research papers are published in top-ranked journals such as Accounting and Business Research, British Accounting Review, Journal of Accounting and Public Policy, International Review of Financial Analysis, Journal of International Accounting, Auditing and Taxation, Review of Quantitative Finance and Accounting, and International Journal of Finance and Economics. He is Co-Editor of the Journal of Financial Reporting and Accounting and Journal of Contemporary Issues in Accounting. He is an Associate Editor of the Journal of Applied Accounting Research, International Journal of Accounting, Auditing and Performance Evaluation, and International Journal of Emerging Markets, and a Guest Editor for the Journal of Risk and Financial Management and Green Finance.

Tamanna Dalwai is a Senior Lecturer in the Accounting and Finance Department within the Nottingham Business School, Nottingham Trent University, UK. She has been working in the higher education sector for more than 15 years. She previously worked as an Assistant Professor and Deputy Director of Quality Assurance at Muscat College, Sultanate of Oman. As the Deputy Director of Quality Assurance, she supported the development and continuance of quality management and played an instrumental role in the Institutional Accreditation of Muscat College. She has a PhD in Accounting from Universiti Teknologi Malaysia and an MBA (Finance and Accounting) from California State University, East Bay; she is also an Associate Fellow of the Higher Education Academy, UK. On completion of her PhD, she was awarded the Best Student Award by the International Business School UTM. She has published more than 25 articles in peer-reviewed journals and has written a number of book chapters. She was awarded the Best Researcher Award at Muscat College in 2022. Dr Tamanna has conducted several seminars and workshops for national and international higher education institutions. She is an external reviewer for the Ministry of Higher Education, Research and Innovation (MoHERI) for externally funded research grants and an ad-hoc reviewer for various Scopus-indexed journals. She has been awarded four externally funded research grants by MoHERI. She is an avid researcher in the fields of intellectual capital, bank stability, capital structure, accounting education, corporate governance, corporate social responsibility, managerial ability, digitalization, financial theories, international accounting standards, cost of capital, quality assurance, and Islamic Finance. She also has an upcoming edited book to be published by Palgrave McMillan.