Home to one of the oldest civilisations in the world, spanning millennia, Egypt remains the most populous and one of the most influential countries in the Arab world. The wealth of the Nile and its fertile banks and delta, together with Egypt’s location at the confluence of Africa, Asia and Europe, have made the country a valuable prize for...
The national monetary policy has undergone a transformative process of evolution over the past decade, and has in recent years been compelled to accommodate both exogenous and domestic shocks of considerable scale. Prior to 2003, the monetary policy decisions of the Central Bank of Egypt (CBE) were carried out with two straightforward policy goals...
THE COMPANY: El Sewedy Electric Company is a fully integrated energy-solutions provider, manufacturing and selling integrated energy products and services in seven energy segments. The company has 30 production facilities in 14 countries. It sells its products in 110 countries and caters to the...
The uptake of takaful (Islamic insurance) is based around the concept of risk-sharing and has been growing at an exponential rate since the first provider of the product opened shop in Egypt in 2003. Plans to develop product-specific regulations as well as for the creation of other Islamic investment vehicles are likely to further boost...
THE COMPANY: Egyptian Financial Group (EFG) was established in 1984 as a consulting boutique. It merged with Hermes Financial in 1996 to form EFG-Hermes Holding. In 2007, the company acquired a stake in Bank Audi, a Lebanese commercial bank, to smooth income fluctuations by developing an integrated...
While Egypt’s road network continues to expand, along with the numbers of vehicles and pedestrians using it, there is growing concern that more investment is needed to further modernise the nation’s carriageways. With a high accident rate and increasing congestion, developing a more efficient and safer road system is now widely recognised by...
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