Latest articles from Egypt

Citi team 0417 teaser

Citi shows appetite for Egypt remains healthy

April 3, 2017

Political unrest, high public debt and a drop in tourism have hit Egypt’s fortunes in recent years. But as a successful $4bn debt-raising deal has shown, investor appetite is recovering. Edward Russell-Walling spoke to the team from joint lead manager Citi.

Hisham Ezz Al-Arab

CIB looks to increase Egypt's financial inclusion

August 1, 2016

Commercial International Bank’s digital innovations fit into the Egyptian government’s strategy of financial inclusiveness. James King looks at how the bank is making them work.

Top-100-Arab-Banks-2015-another-strong-year

Top 100 Arab Banks 2015: another strong year

October 1, 2015

Banks across the Arab world continue to perform well despite the turbulent political environment, according to The Banker’s Top 100 Arab banks ranking. 

Will-Suez-Canal-expansion-live-up-to-expectations

Will Suez Canal expansion live up to Egypt's expectations?

October 1, 2015

The speed with which Egypt completed its Suez Canal expansion has given observers confidence that the country’s ambitious SCZone plan really could become the economic powerhouse the government envisions.

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The fiscal route to a fairer Egypt

September 1, 2015

Egypt's recovery from a period of economic, social and political upheaval is now well under way and, says minister of finance Hany Kadry Dimian, a new fiscal policy is playing a key role within this comeback, while also ensuring that all sections of society feel its benefits.

Egypt on the comeback trail

On the comeback trail: Egypt's banks start to blossom

April 30, 2015

The global financial crisis and Arab Spring uprisings all but decimated Egypt's economy. However, its banks survived this period with admirable resilience, and now that the economy is back on an upward spiral, they are looking to cash in.

The north Africa attraction

Heading west: why Gulf banks are eyeing north Africa

April 30, 2015

The countries of north Africa have been proving attractive for lenders from the Gulf region for decades, but in recent years this activity has picked up, with Egypt a particularly popular destination. Tom Stevenson looks at the reasons why Gulf banks are heading west. 

Ashraf Salman

Reform agenda marks start of a new era for Egypt

January 26, 2015

The election of a new government has helped turn around Egypt's economic fortunes and, according to the country's minister of investment, Ashraf Salman, further reforms will see the country's investment environment become even more attractive. 

Egypts banks look for growth in a crisis

Egypt's banks look for growth in a crisis

May 1, 2014

Egypt’s banks were well insulated from the global financial crisis, but with continuing political instability since the overthrow of former president Hosni Mubarak, many are wondering just how long the country's banks can outpace its slowing economy. 

Egypts banks defy local difficulties

Egypt's banks defy local difficulties

December 2, 2013

Amid global economic stagnation and domestic upheaval, the Egyptian banking sector has performed remarkably steadily. However, one of the key facets behind its success – its conservatism – is coming under increasing criticism from some, who claim its reluctance to lend beyond large corporations and government entities is holding the country back.

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