Latest articles from Egypt

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

Ahmed El houssieny

March 10, 2009

The managing director of Cairo based Citadel Capital talks to The Banker about opportunities in the region and the impact of the economic crisis on Egypt’s financial sector. Writer Charlie Corbett.

Egypt faces the acid test

March 10, 2009

Extensive reform means Egypt’s banks are better placed to face global economic turmoil than ever before, but the fragile, export-driven economy will be hit hard and the bank sector is not immune to the consequences. Writer Charlie Corbett in Cairo.

Unfinished reforms test Egypt’s advance

November 3, 2008

The Central Bank of Egypt’s reform programme has made significant improvements to the sector but a turbulent economic environment is creating challenges. Writer Nadine Marroushi.

World slowdown stems Egypt’s upward trend

August 4, 2008

The successful transformation of Egypt’s banking sector has hit trouble. Charlie Corbett reports on how global financial turmoil and soaring inflation have hit the banks’ consolidation efforts.

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