Egypt, UAE anchor three-page special on “Arab world: Banking and Finance”
Egypt and the UAE anchor a multi-page special pullout section in the Financial Times headlined “Arab world: Banking and finance.” Our friend Ahmed El Alfy’s GrEEK Campus is one of four lead stories teased in the online edition of the package. The landing page for the whole package is here (it also includes content from the past two years). Among the pieces in this year’s package worth reading this morning:
- Corporate lending takes off in Egypt as cash-rich banks flex muscles
- Gulf lenders expand while others retreat
- Abu Dhabi and Dubai put fintech first (there’s also a piece on Dubai and blockchain)
- Abu Dhabi’s financial hub plans may take time to gather momentum
Also in the Financial Times this morning: Heba Saleh writes in the wake of last month’s migrant ship disaster that “Egyptian teenagers risk their lives to join migrant flow to Europe … as the economy struggles and poverty rises. …Two-thirds of the Egyptian illegal migrants who made the journey last year were unaccompanied minors like Saad, according to the International Organization for Migration.”