Skip to main content

This week on Marketplace Middle East

  • Story Highlights
  • The Middle East is no longer immune to the financial crisis
  • Khalid Janahi, Chairman of Ithmaar Bank, talks about the economy in the region
  • We look at the booming property market in Iraq's Kurdish North
  • And find out government's plans to revamp the entire city of Erbil
  • Next Article in World Business »
Decrease font Decrease font
Enlarge font Enlarge font

(CNN) -- Facetime with Khalid Abdulla-Janahi, Chairman, Ithmaar Bank

Khalid Janahi, Chairman of Ithmaar Bank.

Khalid Janahi, Chairman of Ithmaar Bank and Co-Founder of the Arab Business Council, on the state of the economy in the Middle East.

Until last year, the Middle East seemed to be immune to the financial crisis. It is now clear that, like the rest of the world, it is not. But with its extensive reserves, some argue that the region stands a better chance of coping with the turmoil. MME gets some insight from Khalid Janahi, Chairman of Ithmaar Bank and Co-Founder of the Arab Business Council, on the state of the economy and business in the region.

In focus -- Erbil Construction Boom

Unlike the property market in the Gulf, construction in Iraq's Kurdish North is thriving like never before. The government even has plans to revamp the entire city of Erbil. In fact, 75 percent of the city is either new or renovated. And the local government is urging local and foreign investors to get in on the market now.

Your comments

Watch the show this week at the times (GMT) below:

Friday: 0915, 1945
Saturday: 0645
Sunday: 0815

  • E-mail
  • Save
  • Print