Egypt's Beltone Financial Looking at Expansion in U.A.E., Saudi

The transcript discusses the potential for business growth in Egypt, focusing on non-banking financial services and the impact of declining interest rates. It highlights investment opportunities in consumer markets, banking, and real estate. The discussion also covers regional expansion, particularly in the Gulf region, and the economic indicators showing Egypt's growth. Political context and economic reforms are addressed, noting the impact on the middle class and the potential for political dislocation. Finally, the challenges faced by the industry and the possibility of consolidation through mergers and acquisitions are explored.

Discuss the challenges faced by the middle class in Egypt due to economic reforms.

What has been the historical context of mergers and acquisitions in the Egyptian market?