The Egyptian banking sector faces two diverging trends in terms of liquidity, depending on whether it is being measured in local currency or foreign currency.
Displaying 1699 - 1704 of 4356
Articles & Analysis | Egypt's central bank floats pound to increase liquidity amid US dollar shortage from The Report: Egypt 2017
The Egyptian insurance industry, one of the oldest in the region, has shown a welcome degree of resilience in recent years. Despite its long history, however, the market remains at a relatively nascent stage of growth compared to those in more advanced economies, characterised by a low penetration rate and modest insurance density. While this means that growth opportunities abound, questions...
Chapter | Capital Markets from The Report: Egypt 2017
The year 2016 was a difficult one for exchanges across the MENA region, due in large part to persistently low oil prices and political unrest. Egypt’s main index reflected the regional malaise for the first half of 2016, with a currency crisis and seemingly intractable fiscal deficit impacting investor confidence. By the second half of the year, however, the index was climbing once again as...
Egypt’s banking sector has shown itself capable of weathering difficult economic circumstances in recent years. However, profitability has been challenged by a range of forces, including significant changes made in 2016 to the regulatory framework surrounding lending activity and a shortage of foreign currency that negatively affected the daily operations of banks and wider investor sentiment...
While Egypt continues to face considerable economic challenges as it confronts the legacy of its recent political history, at the outset of 2017 the nation’s economic planners have reason for optimism.
Interviews & Viewpoints | Ahmed Saad, Deputy CEO, Sharjah Islamic Bank: Interview from The Report: Sharjah 2017
How would you assess the potential for growth in corporate and Islamic banking in the UAE and the greater MENA region?