With the Egyptian stock exchange on a high, the EGX chairman, Maged Shakey, explains what is behind its new-found energy. Writer Daniel Maalo
Africa
Latest articles from Egypt
Why Egypt is good to grow
May 5, 2010Egypt'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, 2010Several 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, 2009The 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, 2009Extensive 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, 2008The 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, 2008The 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.
Egypt moves ahead with new-found confidence
November 5, 2007The government’s reforms and privatisation plans have paid off to create a banking sector that is full of activity, writes Nadine Marroushi in Cairo.
Cairo’s oasis of orderly conduct
October 1, 2007Aided by expertise learnt in the US, those in charge of the Cairo and Alexandria Stock Exchange have constructed a highly efficient operation, says Silvia Pavoni .
Foreign bankers impressed with Egypt’s reform process
September 3, 2007National Bank of Kuwait’s (NBK) winning tender bid last month to buy Egypt’s Al-Watany Bank for $516m reflects not only NBK’s regional expansion strategy but also growing confidence in the Egyptian banking system.