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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...

Building on decades of leadership in the Arab world, Egypt is undergoing major governmental transformation in the aftermath of the 2011 revolution. Presidential and parliamentary elections in recent years have served to stabilise the country politically, reforming the constitution and the responsibilities and scope of Egypt’s leading...

Entrepreneurship is often – and rightly – lauded as a key component of dynamic economies. Innovation, enabled by ready access to capital and a permissive regulatory environment, can help drive corporate growth, exports, private sector activity and jobs – all of which are needed in Egypt. Small and medium-sized enterprises (SMEs) comprise a large portion of Egypt’s economic...

The Central Bank of Egypt (CBE) has battled to rein in an emerging parallel market in currency exchange since 2011, when political turbulence saw the Egyptian pound lose 13.4% of its value against the US dollar, an occurrence which, in turn, greatly effected the wider economy. Hisham Ezz Al Arab, chairman and managing director of Commercial...

The importance of the Nile River to Egypt cannot be overstated. The river provides around 90% of Egypt’s water supply for the population of nearly 90m, and as Egypt looks to power up its agriculture sector, the water source remains as important as ever.