Latest articles from Egypt

Challenges persist for Egyptian lenders

October 23, 2018

Since the revolution in 2011, the top Egyptian banks have been steadily strengthening their balance sheets. However, 2017 was not kind to the country’s two largest banks. 

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CIB positions itself at forefront of banking's tech revolution

October 1, 2018

Egypt’s Commercial International Bank is one of the Middle East and north Africa region's star performers when it comes to returns on assets and capital. James King speaks to the bank's managing director, Hisham Ezz Al-Arab, to discover the secret behind its success.

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Sisi's reforms start to pay off for Egypt

April 3, 2018

President Abdel Fattah el-Sisi has pushed through business-friendly reforms that would have been unthinkable in Egypt a few years ago, including cutting fuel subsidies. The results have been impressive, bringing praise from the IMF. So is the optimism prevailing in the country justified? James King reports.

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Bouyant banks shape Egypt's vision for 2030

April 3, 2018

Egypt’s banks are throwing their weight behind extending financial inclusion to small and micro businesses, as well as the country's wider population as part of the national Vision 2030 strategy, helped by changes to the bankruptcy system and hopes of lower interest rates. James King reports.

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Egypt’s planning minister outlines decentralisation and development plans

April 3, 2018

Hala El Said, Egypt’s minister of planning and administrative reform, talks to James King about government strategies to cut unemployment through greater private sector involvement and the decentralisation of investment to the governorates. 

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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.

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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.

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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. 

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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.

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