Years of careful financial regulation have helped to create a robust banking system. The sector has continued to boast low levels of non-...
Financial Services
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Chapter | Financial Services from The Report: Egypt 2022
Located at the geographic centre of the MENA region, Egypt has a well-documented history that has seen it accumulate knowledge and wealth over millennia. Egypt proved resilient during the Covid-19 pandemic: it was the only country in the MENA region to record positive GDP growth in 2020. Its economy has been widely driven by the execution of Egypt Vision 2030. This plan notably aims to increase annual GDP to 12% in 2030.
Articles & Analysis | Insurers around the world adopt sustainable criteria from The Report: Qatar 2022
As environmental, social and governance (ESG) concerns become increasingly important in the corporate world, insurance companies are emerging as potentially key players in the shift away from fossil fuel-powered projects. The launch of the UN-convened Net-Zero Insurance Alliance (NZIA) in July 2021 reflects an ongoing change in the global insurance industry towards the wider...
Articles & Analysis | New mandatory lines support growth in Qatar’s insurance sector from The Report: Qatar 2022
Faced with the changes associated with technological innovation, the global transition towards renewable energy and increasingly unpredictable weather patterns, the dynamics of the global insurance industry are shifting. While Qatar’s insurance market is growing, certain segments remain underdeveloped. The sector has traditionally been hindered by low insurance penetration and...
Interviews & Viewpoints | Bassel Gamal, Group CEO, Qatar Islamic Bank (QIB): Interview from The Report: Qatar 2022
What trends do you see in the Islamic banking industry in terms of both organic and inorganic growth?
Articles & Analysis | Qatar’s Islamic finance sector set for growth from The Report: Qatar 2022
Qatar’s Islamic banking industry is one of the world’s largest and most experienced, given than its first entity – Qatar Islamic Bank (QIB) – was established in 1982. Four decades later, as business confidence and economic growth is returning after two years of the Covid-19 pandemic, the Islamic finance sector stands ready for renewed expansion. It can build on the important...