The project (Pilot) is funded by Harvard Kennedy School with the support of Ministry of Labor and Social Development.

The Gulf Cooperation Council (GCC) countries are expected to undergo a prolonged period of fiscal adjustments as oil price continues to decline. This study examines how profits of GCC banks are affected by fiscal imbalances across the region. Using various panel regressions, I control for bank specific variables, namely credit growth and risk taken, and I examine the response of GCC banking profits to larger fiscal deficits, higher public debt to GDP ratios, lower international oil prices, and slower non-oil GDP growth.

This paper assesses the effect of the recent 2014–2015 oil price slump on the financial stability in the Gulf Cooperation Council (GCC) region. The first objective of this paper is to assess how oil price shock propagates within the macroeconomy and how the macro shocks transmit to GCC banks’ balance sheets. This part of the paper implements a System Generalized Method of Moments (GMM) and a Panel Fixed Effect Model to estimate the response of nonperforming loans (NPLs) to its macroeconomic determinants.

This dissertation is a collection of theoretical and empirical essays on oil price fluctuations, macroeconomics, and credit risks in banking systems.

 تحديات تطبيق نظام إدارة الجودة على الوحدات النسائية

Marmaduke Pickthall is a British novelist who converted to Islam, translated the Quran and wrote profusely about the Arab world. He had an early warm reception in the literary circles of his time, but he dropped from fame, and his work was ignored when the English literary canon was formed in mid-twentieth century. When interest in Pickthall was revived by the end of the twentieth century, it came in a grim context that justified the canonical drop, rather than challenged it. No attempt was made to reinstate the overlooked writer into literary acclaim.

The thesis tackles Charlotte Bronte's deep interest in the East as reflected in her four major novels, The Professor, Jane Eyre, Shirley and Villette. Starting with her Juvenilia, the thesis traces the interest to its earliest roots and finds that it survives till the end of Bronte's career. However, the early fascination with the East takes a different form at  mid career under the influence of Bronte's growing awareness of the victorian cultural values.