Banks across the Arab world continue to perform well despite the turbulent political environment, according to The Banker’s Top 100 Arab banks ranking.
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Latest articles from Egypt
Will Suez Canal expansion live up to Egypt's expectations?
October 1, 2015The 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.
The fiscal route to a fairer Egypt
September 1, 2015Egypt'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.
On the comeback trail: Egypt's banks start to blossom
April 30, 2015The 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.
Heading west: why Gulf banks are eyeing north Africa
April 30, 2015The 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.
Reform agenda marks start of a new era for Egypt
January 26, 2015The 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.
Egypt's banks look for growth in a crisis
May 1, 2014Egypt’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.
Egypt's banks defy local difficulties
December 2, 2013Amid 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.
Old lessons help EBRD strengthen future prospects
November 1, 2013The European Bank for Reconstruction and Development's managing director for the southern and eastern Mediterranean region, Hildegard Gacek, explains how expertise and past experience are now enabling the EBRD to assist Egypt, Morocco, Jordan and Tunisia through a period of great economic and political change.
Banks to watch in 2013, EFG Hermes
February 1, 2013The Banker has identified 13 banks to keep an eye on in the coming year based on a variety of factors. Following its 2012 merger with Qatari investment bank QInvest, Egypt-based EFG Hermes will be a bank to watch in 2013.