Egypt is the Middle East’s only authentic emerging market story, and it has the most compelling long-term potential. The costs of the revolution in terms of lost economic output, higher levels of debt and much reduced savings have been high and will continue to mount while growth remains sub-trend. However, the fundamentals that established Egypt as an attractive economy pre-revolution – its demographics, geographical position, natural resources, infrastructure and service sector needs – are intact and will begin to assert themselves when political circumstances allow. Each bank has reached its greatness in his country where its company has launched its career. In 1896, twenty private banking firms joined together to form Barclay and Company Limited in what the banking press at the time referred to as a merger of the ‘well-known Quaker firms’ but in 1901 NBE opened a branch in Khartoum. It obtained a privileged position as banker to and for the government and acted as the "semi-official" central bank.
However, the differences between BARCLAYS and NBE will be about SWOT Analysis for their internal factors as Strengths and Weaknesses and their external factors as Opportunities and Threats. Also, this essay is talking about how these global and local banks, how they started in Egypt and around the world and how far did they reach in Egypt.
Very few of the people involved in the amalgamation were still practicing Quakers, but they were quite happy to preserve the Quackery image
The Middle kingdom of Egypt is a very interesting also is about the 12 dynasty. This dynasty relates to also the 11th and 14th dynasty.This dynasty focused on foreign policy's,aggressive and a whole lot of other things that match into this dynasty.I choose this dynasty because it seems like a very emotional dynasty.This is the dynasty that I wanted to explain and to talk about in a 5 paragraph essay.
Egyptians began to settle along the banks of the Nile River, Starting as far north as to the city of Alexandria all the way down south to Aswan. They developed into a well-structured society as Far East to the Red Sea and west to Dakhia, Oasis among many (Figure 1.). The Nile River reached far lending a hand in creating a well-known civilization that consisted of building pyramids and producing crops for their pharaoh. Evolving from hunters and gatherers into agriculturalists throughout history, Egypt has claimed to be one of the earliest and most spectacular civilizations of ancient times. One could wonder if, what led to the collapse of this great society resulted from the Egyptians interaction with the environment by overusing
The analyzed source document entitled The Accounts of The Arab Conquest of Egypt, 642, was written around the tenth century by Sawirus ibn al-Muqaffa, a Coptic Bishop located in al-Ashmunein in upper Egypt. The piece recounts a dream by Roman Emperor Heraclius (c. 575-641), the movement and eventual occupation of the Muslim army in Egypt, the battles fought, the posture of Islam with regard to the predominant Christian presence, the conquest of Alexandria and, the subsequent outcomes. The compilation and timeline of events in the Coptic piece provide the historical community a record to compare and contrast to other records. The context shows how the occupation of Egypt unfolded, who were the major influences –both religious and official – and attempts to demonstrate humanity and respect levels in times of war beyond the face of the battles.
Deutsche Bank, an international universal bank, was internationally active a short time after its foundation. The bank’s early decades were a period of rapid expansion. With its growth Deutsche Bank seemed to be unstoppable. But with the beginning of the First and Second World War the vision to offer a financial services throughout the world was destroyed. Fortunately, the year of 1957 has the status of a second birthday of Deutsche Bank. From this day on, after its reconstruction, the bank becomes active in retail
Egypt today can be a viable market for the foreign investor, especially the investor who has the ability to see the rewards of in investing in the region for the long haul. The world and Egypt both realize that the region is the gateway to the Middle East. Egypt is leading the way for Arabic countries to embrace a new way of doing business and opening their borders to the ‘global village’ concept.
There is a place where not far from my hometown, which, since my childhood, still holds the secrets to life. It was a place where we were free. Free to do whatever we wanted to do, say whatever we wanted to say, it was our place, our river. It was a simple place, no paved or asphalt roads for the commotion of busy traffic, no tall buildings to block out the sunlight, no sense of time to feel rushed or anxious, no effects from the outside world. It was a beach on the coast of Lake Sakakawea called “Little Egypt.”
Through our innovative products, focus on superior customer service, development of staff and commitment to our community, we will realize our ambitions and pave the landscape of banking in Egypt for years to come.”
According to group´s performance from 2002-2006 identifies that Barclays´ performance underpinnings are represented by its strategy of acquiring other banking (such as ABN Amro and Banco Zaragozano) concerns to expand its retail as well as other banking services through representation in international markets as represented by the bank’s presence in 60 countries. This provides Barclays with the means to sell its highly profitable investment banking services as well as be positioned to service the cadre of multinational companies that utilize its diverse banking financial service packages.
Threats alternatives : Barclays Bank Provided products different from the rest of the banks that offer similar products in order to maintain the survival of the bank at the forefront among its competitors , by providing securities fixed income , mutual funds and insurance , in contrast there is a significant threat to Barclays Bank in sustainability with the existence of institutions Non-banking that provides financial services Such as that provided by the
As Emirates NBD is viewed as the biggest in its region, they have a lot of Competition from Islamic banks which is considered as a major risk to the organization. Innovation of technology, it's considered as the most advanced banking group different from others. It offers online banking all day, every day 24/7 ATM services, ATM and credit cards with chip for security reasons and recently they
Therefore CBE stands to be the merger of several banks. By virtue of that it is the biggest bank of Ethiopia that was handling the entire commercial banking sector as a monopoly bank. CBE now operates through 168 branches all over Ethiopia, including one branch in Djibouti with a total asset about 3.5-4 billion, to become a world class commercial bank by the year 2025.
There are many civilizations in history that contributed to the rise of modern day society. All of the things that we see today have been in some way shape or form improved upon to stand the test of time. From the structures of buildings, religion and pyramids, to the influence of art, it all played a part. The ancient civilization of the Egyptians was one of the most significant and well known cultures to ever have existed and technology wise, they were light years ahead.
In the continent of Africa, access to solid infrastructure is variable. In the country of Egypt, access to sanitized, drinkable water is available to 99% of the population, 92% of the roads are paved, and children go to school for an average of 14 years. 1,375 miles south in Ethiopia, however, the numbers plummet. Only 42% of Ethiopians have clean water, 13% of the roads are paved, and most children go to school for an average of seven years. Egypt is an outlier. A significant portion, if not the majority, of all the African countries share issues similar to those shown by Ethiopia, and though they are improving, it is oftentimes not enough to keep up with their rapidly growing populations. In order for these countries to truly fix their infrastructure, there must be an increase in local funding, education, and support from the western world.
In order for Blom Bank to stay the leading Bank in Lebanon, it should improve and sustain its competitive advantage. To do so, Blom Bank is advised to use VRIO business analysis and Resource Based View(RBV) by adding value to its resources, making its resources rare, making its resources hard to imitate and creating a good organizational structure (Barney, 1997; Oliver, 1997). First, Blom may add more value to its service, by providing a better customer service, giving customers what they want at the least cost possible which will increase the value of the customer’s experience. Second, Blom may want to achieve rareness; in order to do so, Blom Bank might want to develop new products and services that other banks haven’t developed yet. Making Blom’s service and products rare and sought after. Third, Blom Bank might want to make its resources hard to imitate, resources that are intangible are well-known to be hard to imitate (Grant, 1991 as cited by Powell, 2001); thus, Blom Bank must work on creating a better social complexity (intangible resource). According to Barney (1997), some socially complex resources are reputation, trust, teamwork, and culture. Thus, Blom Bank should sustain its well-known reputation, implant as much trust in customers, work as a team and sustain its culture. Finally, Barney suggests having a good organizational culture as the 4th pillar to sustaining competitive advantage using the VRIO business analysis and RBV. Organizational culture is the basic functioning and the most important unit of any firm. Blom Bank should improve its formal reporting structure, management control systems, and compensation policies. By improving its organizational structure, Blom Bank will guarantee an increase in employee productivity, better management, and a better whistleblowing system. If Blom Bank goes after
Egypt’s economy is very diverse and depends a great deal on agriculture, tourism, petroleum, and revenue collection from Egyptians working abroad. Egypt is separated by the highly fertile Nile Valley. This is where most of Egypt’s economic activity takes place. Furthermore, the Nile Valley is where 80 of the 86 million people live. This is because the rest of Egypt is mostly desert; this makes habitation difficult. The Egyptian economy measured by GDP (Gross Domestic Product) was 286 billion dollars in 2014 and is the 3rd largest economy in Africa, behind Nigeria ($569B) and South Africa ($349B). The key areas that make up the GDP are: Agriculture (14%), Industries