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Persistent link: https://www.econbiz.de/10001318622
This paper proposes a dynamic herding approach which takes into account herding under different market regimes, with concentration on the Gulf Arab stock markets – Abu Dhabi, Dubai, Kuwait, Qatar and Saudi Arabia. Our results support the presence of three market regimes (low, high and extreme...
Persistent link: https://www.econbiz.de/10013100628
market volatility and the cross-sectional distribution of returns in all markets, with the exception of Bahrain, indicating …
Persistent link: https://www.econbiz.de/10013090073
Today, processes of regionalization are expressed, among other ways, in the establishment of various international regional organisations. Many of these organisations are aimed at economic and customs cooperation. Regulation of customs relations among states and international organisations is...
Persistent link: https://www.econbiz.de/10013015145
The Islamic finance industry, which is based on Sharia, has been growing at a relatively fast pace despite the 2008 global financial crisis. Project finance in the Middle Eastern construction market is witnessing a growing inflow of financial procurement through Islamic finance. In order to...
Persistent link: https://www.econbiz.de/10013076620
Persistent link: https://www.econbiz.de/10012901486
Blockchain is coming to tax administration and will cause fundamental change. This article considers the potential for blockchain technology as it applies to the introduction of a value added tax in the Gulf Cooperation Council. Blockchain technology disrupts centralized ledgers. Blockchain...
Persistent link: https://www.econbiz.de/10012902277
(statistically significant) linear time trend in the case of Bahrain, Oman and Qatar, and the raw series only in the case of Saudi … Arabia. Mean reversion (i.e., statistical evidence of d < 1) is found in the case of Bahrain for both the raw and logged data … is that in the case of Bahrain and Qatar exogenous shocks to energy consumption have transitory effects, which disappear …
Persistent link: https://www.econbiz.de/10012892120
, Bahrain, and Oman over the period 1996–2017. This study empirical results show that exists of bidirectional causal …
Persistent link: https://www.econbiz.de/10012896528
The purpose of this study is to analyse the performance of Islamic banks in terms of profitability of GCC region during 2008 global financial crisis. Bank specific data are taken from the Bank Scope database and macroeconomic data are collected from International Financial Statistics. Using a...
Persistent link: https://www.econbiz.de/10012972554