This week on MME

(CNN) -- In Focus: Islamic banking in the West

As the global credit crunch dries up liquidity globally, we are now seeing many Western banks are looking for new sources of revenue. With the robust growth of the Islamic banking industry expected to surge 50 percent by 2009 and having $500 billion in assets, many countries are delving into this rapidly growing and profitable niche. Among the western economies, Britain leads the way. But one country is lagging in this sector: the United States. Jim Boulden reports on why the U.S. is missing out on this financial opportunity.

Face Time with Mahmoud Mohieldin, Egyptian Minister of Investment

As Middle East economies try to combat the impact of rampant inflation this week, Egypt raised interest rates for a second time this year to control the problem. MME sits down with Egypt's Minister of Investment, Mahmoud Mohieldin and gets his take on the current level of global uncertainty in the markets, the impact on foreign investment, the effect of inflation and Egypt's plans for future investment.

Watch the show this week at the times (GMT) below:

Friday: 09:15, 20:45
Saturday: 06:45
Sunday: 08:15 E-mail to a friend