Latest articles from Egypt

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.

Egypt moves ahead with new-found confidence

November 5, 2007

The 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, 2007

Aided 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, 2007

National 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.

Reform moves at slow pace

July 2, 2007

Public and private sector banks have been restructured on the long journey to banking sector reform, but major challenges remain, writes Nadine Marroushi.

Egypt embarks on banking sell-off

September 4, 2006

Egypt is lining up its state-owned banks at the privatisation starting block. Nick Kochan reports on the prospects.

Confidence drives upturn

July 3, 2006

Egypt’s minister of finance Youssef Boutros-Ghali tells Nick Kochan that the economy is ripe for investment.

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