Latest articles from Egypt

huss

CIB CEO bullish on Egypt's future

April 1, 2021

Hussein Abaza, Commercial International Bank’s chief executive, on the rise of fintech during the pandemic.

Hala El Saeed teaser

Egypt’s minister of planning looks to steady the ship

April 10, 2020

Egypt’s minister of planning and economic development talks to The Banker about stabilising the economy and attracting foreign investment.

Bank of Egypt teaser

Egyptian banks explore multiple avenues to growth

April 1, 2020

Egypt’s banks have emerged from a difficult decade with their appetite for expansion undimmed. 

Central Bank of Egypt teaser

Buoyant Egyptian banks target SMEs and unbanked in growth push

April 1, 2019

Egypt's banks enjoy good capital adequacy levels and low loan default rates. Many are eyeing the small business sector and an underbanked populace.

Cairo teaser

Is Egypt's tough reform programme paying off?

April 1, 2019

The IMF is ready to launch the next tranche of a $12bn loan package for Egypt, following government attempts to push through economic reforms. 

Lobna Helal teaser

Egypt's banking sector narrows the gender gap

April 1, 2019

Historically, women have been widely employed in Egypt's banks, with some now reaching top-level posts, including that of CEO. 

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. 

Hisham Ezz Al-Arab teaser

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.

Cairo teaser

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.

CIB teaser

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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