Determining policies for saving and lending is proving to be a balancing act these days, and, at times, a game of patience in dealing with the financial crisis while maintaining Egypt's banking reform and growth strategy.
Thankfully, unlike the (...)
CAIRO: One of the largest annual information and communication technology events in the region will open in Cairo Sunday.
Now in its thirteenth year, Cairo ICT 2009, which takes place from Feb. 8-11, will showcase the latest spectrum of (...)
Amid the gloom of the global economic crisis, many are hopeful that investors will turn to Islamic finance as the less risky option. Meanwhile, the relatively nascent market needs to play catch up with rising demand.
Ibrahim Warde, adjunct (...)
CAIRO: During this sobering chapter in history of the financial world, Egypt's emerging capital market is moving forward with its plans, readying itself for times of recovery.
Coming off a volatile year, which saw Egypt's benchmark CASE 30 index (...)
As Egypt's capital market expands and global financial markets unwind, many are concerned about avoiding the pitfalls of overly sophisticated trading tools. With products like margin trading and short selling now available in Egypt's capital market, (...)
CAIRO: No matter where you travel, there's always a post office around the corner. In fact, there are almost twice as many post offices and postal agencies as commercial bank branches in the developing world, according to the World Bank.
This is (...)
CAIRO: In 2006, Bangladeshi Dr Muhammed Yunus won the Nobel Peace Prize for his achievements in microfinance with the Grameen Bank, changing the way the world views the kind of action needed to eradicate poverty.
The poor don't need good advice, (...)
CAIRO: A convergence between two systems of finance is taking place in the global arena: The world is looking to modern Islamic finance as an alternative to what are now considered "conventional Western systems.
Islam and the West may clash on (...)
CAIRO: As the Egyptian capital market seeks new ways to build shareholder value and trust, overall risk management becomes increasingly critical for participants and regulators of the market.
Even more so, with the launch of second level (...)