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Mohamed El Dib, Chairman & MD, QNB ALAHLI: Thinking Laterally and Literally About Egypt’s Financial Future
QNB ALAHLI is one of Egypt’s leading financial institutions, established in 1978 and ranked in 2020 as the country’s second-largest private bank. Mohamed El Dib is its Chairman & Managing Director. The full-service organisation operates around diversified business lines serving
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Infinity Solar: Vision of Transition that Began with a Revolution
Necessity is the mother of invention, they say, and Infinity Solar started life in 2014 – prompted by the recurrent and numerous electric cuts because of energy shortages following the Egyptian revolution in 2011. The company founders recognised the need
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Mowgli Foundation Report: Mentoring Achieved Return on Mentoring Investment (ROMI) Returns of 890%
The Mowgli Foundation publishes a report that highlights the Return on Mentoring Investment (ROMI) and economic generation impact achieved through the mentoring of over 780 entrepreneurs in the Middle East and North Africa during their 12-month mentoring programs. Governments, funders,
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Playing to Win or Playing to Survive? Urbanisation and the Knowledge Economy
It is no surprise that cities around the world have been expanding over the last few decades. The pace of this trend is breath-taking. According to the UN’s World Urbanisation Prospects, 2014 is a turning point. For the first time
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Tawakkol Karman: Nobody’s Pawn
The lady speaks her mind and would appreciate an opportunity to do so without getting harassed – or silenced – in the process. Tawakkol Karman, who shared the 2011 Nobel Peace Prize with two Liberian peace activists, is one of
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The Time Is Now: Paradigm Shift Signals Opportunity
Few people realise that in 2013 a turning point was reached. In that year, emerging economies displaced developed markets as the main engines of global economic growth. This was not a one-off event or an oddity: it signalled no less
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Egypt: Investors Rally Billions to Empower Development
Governments and private investors earmarked well over $36bn to underwrite projects in Egypt at a three-day economic conference held over the weekend in the Red Sea resort Sharm el Sheikh. The mega-event, hosted by President Abdel Fattah al-Sisi, was attended
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Egypt: Set for Growth and Showcasing Opportunities
As the most populous Arab country with over 88 million inhabitants, Egypt has a definitive edge over most other emerging economies: a robust domestic market that allows for economies of scale. That – and the country’s privileged geographic position at
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World Bank MENA Chief Economist: Towards a New Social Contract in the Middle East and North Africa
By Shanta Devarajan A snapshot of the Middle East and North Africa (MENA) Region today reveals a diverse and discouraging picture (Figure 1). Syria, Iraq, and Libya are suffering from violent conflict that has devastated people’s lives, infrastructure, and national
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World Investment Forum: Seeking Ways to Unlock the Idle Trillions
As the United Nations Conference on Trade and Development (UNCTAD) celebrates its fiftieth anniversary, business and government leaders from across the world gathered this week in Geneva for the biennial World Investment Forum (WIF). The UNCTAD-sponsored four-day event brought together
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