After several years marked by turbulence and uncertainty, Egypt’s economy received two welcome boosts in 2015. The first was the successful conclusion to the Egypt Economic Development Conference (EEDC) in the first quarter of the year, which drew more than 70 senior executives from global firms, the leaders of major financial institutions...
What is the potential of the retail banking market, and where do you see room for growth?
Successive governments and central bank governors have highlighted the importance of extending credit to Egypt’s small and medium-sized enterprises (SMEs), and in early 2015 Prime Minister Ibrahim Mahlab declared a renewed determination to support SME growth in a speech which called attention to the funding difficulties faced by small...
Commercial International Bank (CIB) was established in 1975 as a joint venture between the National Bank of Egypt (51%) and the Chase Manhattan Bank (49%). Today, the bank is the biggest publicly traded stock on the EGX30, with an index weight of approximately 38%, and the biggest and only exposure to a large cap bank in the Egyptian market....
Located at a crossroads between Africa, Asia and Europe, Egypt remains one of the world’s most strategically important countries, as it has been for millennia. Lying astride trade routes linking West, East, North and South, Egypt has long been at the heart of regional and global commerce. For the past century and a half, the Suez Canal has...
How is the administration working to increase employment, especially among young people?
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