Egypt Financial Services Articles & Analysis

Displaying 43 - 48 of 171

Chapter | Insurance from The Report: Egypt 2018

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...

Chapter | Capital Markets from The Report: Egypt 2018

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...

Chapter | Banking from The Report: Egypt 2018

In addition to having one of the largest banking sectors in North Africa, Egypt’s is also one of the most profitable. In more recent times, lenders have made easy gains on high-yielding government debt following the 2011 revolution, while an improving macroeconomic environment and the flotation of the local currency led to another robust performance for the sector in 2017. However, there are...

As Egypt enters 2018, a newly liberalised local currency and the recent implementation of a much-anticipated investment framework have left the country well positioned for continued economic expansion: the IMF expects GDP growth to reach 4.5% in 2018 and accelerate to around 6% over the medium term.

Egypt’s microfinance segment is gaining new momentum thanks to central bank and government initiatives.

Egypt’s banks are seeing rising profits and robust capitalisation, as evidenced by a flurry of recent releases of FY 2015/16 results from the country’s major banks.