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...
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...
OUTLINE: In November 2016 the executive board of the IMF approved a three-year, $12bn loan under an Extended Fund Facility (EFF) aimed at boosting the economy. According to a September 2017 IMF staff report on the aims of the development programme, the loan instalments are contingent on the...
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. There are currently 34 insurance and reinsurance companies in Egypt and despite concerns regarding sector privatisation, regulatory changes such as proposed...
Despite the economic challenges facing the country, 2017 was a positive year for the Egyptian Exchange (EGX), with the main index expanding by approximately 17%. The EGX remains an important component of the economy and thanks to an ongoing process of market development is likely to continue to act as a useful platform for both corporates and small and medium-sized enterprises wishing to raise...
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×