Financial inclusion has become a more prominent component of government strategy over recent years, as authorities work to meet the demands for social justice which have arisen from Egypt’s recent political transition. Elsewhere on the continent, microfinance regulation has also played a large role in raising financial inclusion across...
With the largest population in the Middle East, a relatively developed life insurance industry and a government determined to pursue ambitious infrastructure development, Egypt is a promising market for both domestic and foreign insurers. In 2016 premiums collected by the sector grew by more than 12% over the previous year, and an ongoing...
As Egypt enters 2018, a newly liberalised currency and the recent implementation of a much-anticipated investment framework have left it well positioned for continued economic expansion: the IMF expects the country’s GDP growth to reach 6% over the medium term. However, a structural fiscal deficit, high unemployment levels and socio-economic...
Since the waves of social unrest that swept across the Middle East in 2011, governments from Morocco to Oman have responded with strategies aimed at including a greater proportion of society within the nation’s formal economy; however, these efforts to date have met limited success. According to the Consultative Group to Assist the Poor, a...
Once reserved for ambitious start-ups and industry-leading tech operators, financial technology ( fintech) has since caught the attention of major private sector firms and government planners alike, becoming a regular feature in budget speeches and strategic development plans. As fintech progressively plays a larger part in the lives of...
The implementation of Egypt’s new investment law in 2017 was broadly welcomed as an important advance in the country’s bid to make itself more attractive to domestic and foreign capital. However, the six-place decline of Egypt in the World Bank’s “Doing Business Report 2018” is a concern for a government keen to kick-start private sector...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×