As Egypt is the most-populous Arab nation and third-most populous in Africa, population pressure is driving the nation’s economic agenda, with an estimated 3.5m young Egyptians entering the labour force by 2023. Recent years have seen an array of public initiatives aimed at encouraging private sector activity, but these remain hampered by a challenging economic backdrop and structural hurdles.
The Philippines’ insurance sector is expected to experience an increase in earning potential following a decision enabling companies to invest in state-backed infrastructure projects.
Two of Thailand’s largest financial institutions have signed a non-binding memorandum of understanding (MoU) to undertake a merger following government efforts to encourage consolidation in the domestic banking industry.
How do you assess the pace of fintech adoption in the Philippine banking sector, and how do you anticipate fintech will disrupt the global industry in the near future?
An ongoing round of mergers and acquisitions (M&A) in Kuwait’s financial services sector is set to create two banking and asset-management powerhouses, with market consolidation having the potential to spur additional tie-ups.
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.
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