( CNN ) -- IN FOCUS : Islamic Finance and the Arab Spring . In the wake of a season of regional revolts , Islamist parties are reasserting themselves in the post- Arab Spring states . From the election of moderate Islamic group of Ennahda in Tunisia to talk of Sharia Law in Libya . Western politicians and businesses are keeping a keen eye on whether the Arab Spring has opened the door for Islamic finance . This week , MME looks at the path of Islamic finance in the economies touched by the Arab Spring . FACETIME : Hassan Heikal , CEO , EFG Hermes . As concerns spread over the economic fall out of the Arab Spring , all eyes are on Egypt 's future direction . Investor confidence has been dampened by a shaky political climate , while ratings agency , Moody 's , downgraded the North African country citing economic weakness and financial deterioration . MME sits down with Hassan Heikal , the CEO of Egyptian investment bank , EFG-Hermes , to discuss the road ahead . Marketplace Middle East airs weekly at the following times ( all GMT ) : . Fridays : 0845 , 1645 , . Saturdays : 0615 . Sundays : 0515 , 1645 .
MME looks at whether the Arab Spring has opened the door for Islamic finance . Economic fallout from the Arab Spring meant Egypt was downgraded by ratings agency . The IMF said it would not be able to provide any more loans, and that its ability to do so had been severely limited.