Egypt Financial Services

Displaying 193 - 198 of 202

THE COMPANY: Juhayna Food Industries is the unparalleled leader of Egypt’s packaged dairy market, enjoying a market share of about 70% in plain and flavoured milk, roughly 30% in spoonable yoghurt, and over 50% in drinkable yoghurt. The company also has a prominent position in Egypt’s relatively...

Articles & Analysis | GB Auto: Automobiles from The Report: Egypt 2012

THE COMPANY: GB Auto is a leading automotive player in the Middle East and North Africa. It is the sole assembler and distributor of Hyundai passenger cars and the exclusive Mazda passenger car distributor in Egypt with a market share of 30%, the highest among industry players. Through a 50-50 joint...

THE COMPANY: In just over 10 years, Ezz Steel has become the largest independent steel producer in the Middle East and Africa, with a total capacity of 5.8m tpa (3.5m tpa of long products and 2.3m tpa of flat products). It is an operational and holding company with majority stakes in three subsidiaries...

Despite having the oldest stock exchange and one of the largest banking sectors in the Middle East and North Africa (MENA), Egypt has not played a significant role in the precipitous expansion of Islamic finance that has shaken up financial sectors across the region and beyond. Just three banks in the country operate in full accordance with sharia-...

Chapter | Banking from The Report: Egypt 2012

The 2011 revolution had an impact on Egypt’s sizable banking sector but was not nearly as dramatic as was expected, thanks to a steady stream of reforms since 2004 that have improved the overall health and transparency of the country’s financial institutions. High exposure to sovereign debt weakened the outlook for some banks, and profitability took a hit, but overall liquidity remains high,...

Chapter | Insurance from The Report: Egypt 2012

Insurance penetration is comparatively limited and is estimated to range between 0.7% and 1.2%. The sector has a combined total of 29 firms in life and non-life, with an asset base of roughly $6.71bn. Non-life policies have shown steady growth in recent years, rising from $870m in the 2009/10 fiscal year to $954m in the 2010/11 fiscal year. Motor insurance is compulsory and represents the...

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