The finance industry includes numerous sectors. Banking provides services ranging from account management to investments. Private Equity and Venture Capital invest in established companies and startups, respectively. Financial Services offer planning and advice, while Real Estate Finance covers services related to property, such as mortgages. Fintech utilizes technology to offer financial services.
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In recent years, the government has provided support amounting to approximately EGP 15.3 billion to small, medium, and micro enterprises.
08.02.2024 Egypt Today
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The US dollar shortage in the local market is really serious, as manufacturers and businesspersons can set neither their expense plans nor wages.
08.02.2024 Ahram Online
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Egypt has set an ambitious plan to secure $100 billion in direct foreign investments between 2024 and 2030.
08.02.2024 Ahram Online
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A clean float of currency means leaving the currency price to be determined by supply and demand in the market without any intervention from the CBE.
07.02.2024 Egypt Independent
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The Egyptian government is keen to further its cooperation with the World Bank in managing state-owned companies and enhancing their efficiency.
07.02.2024 Ahram Online
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The Central Bank of Egypt (CBE) announced Monday an increase in the reserves of foreign currencies by about 30 million dollars.
06.02.2024 Ahram Online
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The US dollar dropped against the Egyptian pound in the parallel market to about EGP 50, down from a peak of more than 70 EGP last week.
06.02.2024 new arab
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This came during the participation of Chairman of Financial regulatory authority (FRA), Mohamed Farid at the 3rd Microinsurance Conference.
06.02.2024 Egypt Today
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The IMF had postponed reviews of Egypt's current program, agreed upon over a year ago, awaiting authorities to allow a more flexible exchange rate.
05.02.2024 Egypt Today
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Raising interests reduces the productivity of businessmen and investors, and limits their purchase of equipment and production inputs.
05.02.2024 Egypt Independent
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