Latest articles from Egypt


The struggle to find the right Islamic banking model

November 7, 2012

The steady growth of sharia-compliant assets suggests banks believe in the future of the sector, but the dismantling of the largest cross-border Islamic window raises questions about whether global banking groups can make a success of the business.

Malaysia's central bank

Malaysia sets Islamic finance example

November 7, 2012

Malaysia leads the world in providing a sharia-compliant environment for savings. CIMB Islamic's Badlisyah Abdul Ghani charts the rise of Islamic finance since its founding in the country 50 years ago.

Resilience underpins Arab banks

Top Arab banks ranking, 2012

October 1, 2012

Arab banks offset the turmoil of the Arab Spring and offered a robust performance in 2011 with impressive growth across the key financial indicators. And with minimal exposure to the eurozone crisis, the region's banks are expected to continue their recovery from the global financial crisis.

After the Arab Spring TEASER

After the Arab Spring: the revival of north Africa's capital markets

September 3, 2012

North African capital markets were hit hard in the wake of the Arab Spring uprisings that cut through the region in 2011. Economic activity was left disjointed and north African bourses experienced sharp declines in trading. The Banker looks at whether the increased liberalisation of these countries' economies can encourage foreign investment and benefit their respective exchanges.

Rebuilding Egypt

Rebuilding Egypt: how the country's banks have fared since the Arab Spring

July 2, 2012

Egypt's tumultuous political landscape of the past 18 months has, predictably, had an impact on it banks. However, the sector has shown impressive resilience since the Arab Spring uprisings, focusing on SME lending and commercial activities with some degree of success. But with foreign investors staying away and further political upheaval still a possibility, the country's rebuilding process still has some way to go.

Hisham Ess Al-Arab

Egypt's Commercial International Bank resilient in the aftermath of revolution

August 1, 2011

Egypt’s banks faced the most trying of conditions early this year with the overthrow of president Hosni Mubarak and the subsequent economic collapse. But Hisham Ezz Al-Arab, head of the Commercial International Bank says that businesses should thrive in a more open political system.

Essam Sharaf, prime minister, Egypt

Egyptian stock market shows strong growth

May 5, 2010

With the Egyptian stock exchange on a high, the EGX chairman, Maged Shakey, explains what is behind its new-found energy. Writer Daniel Maalo

Why Egypt is good to grow

May 5, 2010

Egypt's strong performance throughout the financial crisis is testament to the strong framework put in place by finance minister Youssef Boutros-Ghali, which has left the country in a good position to move forward in the post-crisis world. Writer Daniel Maalo

Era of optimism prevails in Egypt

May 5, 2010

Several years after a significant overhaul, Egypt's banking sector continues to show its promise in spite of the global financial crisis. Writer Daniel Maalo

Join our community

The Banker on Twitter