Egypt Financial Services

Egypt’s insurance sector faces a challenging period in FY 2020/21. An ongoing process of reform promises to strengthen the legislative and regulatory platform that underpins the industry, but is likely to result in short-term difficulties for some sections of the market. The effects of the Covid-19 pandemic, meanwhile, have disrupted business...

In a challenging year for economies across the region, Egypt’s capital market reform continued apace. Short-term measures in response to the economic effects of the Covid-19 pandemic joined a series of reforms aimed at establishing the bourse as a safer and more transparent destination for domestic and international investors. While market...

Short selling, by which investors borrow and sell shares to seek a margin on declining prices, has been on the development agenda of the Egyptian Exchange (EGX) for some time. The ability to short a stock brings a number of advantages for investors, which exchanges seeking to increase trading volumes are usually eager to highlight. Investors...

Egypt’s non-banking financial services (NBFS) segment is widely seen as underpenetrated, and it is thus expected to witness considerable growth throughout the coming five-year period to 2025, due to Egypt’s favourable demographics. Support efforts from the Egyptian government, the Financial Regulatory Authority (FRA) and the Central Bank of...