This paper aims to assess the current condition of the Egyptian banking sector, based on the past reforms of the 2000s. This analysis is based on data from the Central Bank of Egypt (CBE), data from the Egyptian banking sector and the literature review. The main finding is that despite many changes in the political and economic scene that drove the country into a crisis, the Egyptian banking sector was able to work well in the post-2008 period, achieving high growth rates. This study contributes to the academic literature on factors influencing financial development in emerging counties, based on the analysis of the Egyptian banking.
Internet-based social media sites have been increasingly used to organize political activism across the globe. Given recent events in Egypt where Wael Ghonim's role as social networker, Google executive, and activist coalesced at the center of an information-based revolution, or the much publicized use of BlackBerry Messenger to organize protests, riots, and looting in England, it is difficult to ignore the effect social networks have had on major political events. Beginning with a review of some of the key historical and conceptual accounts of the political implications of the Internet and social media over the last ten years, this article provides an analysis of how the political use of social media in recent events in Egypt and England has been represented by the mainstream western media.
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