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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Egypt has been under index surveillance since September 21, 2023, due to issues related to reported difficulties.
11.01.2024 Egypt Today
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The Egyptian government launched in January a comprehensive eight-direction economic strategy for the period 2024-2030.
10.01.2024 Ahram Online
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The source added that NBE’s proceeds exceeded LE17 billion, while Banque Misr’s reached about LE15 billion on Monday.
10.01.2024 Egypt Independent
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The World Bank downgraded its forecasts for Egypt’s real GDP growth for 2024 to 3.5 percent from 3.7 percent in a previous estimate.
10.01.2024 Ahram Online
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U.S. Treasury Secretary Janet Yellen will meet with top Egyptian finance officials in Washington on Tuesday.
10.01.2024 Reuters
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A high-level delegation from the Egyptian government has arrived in Washington DC to push forward Egypt's almost standstill loan programme.
10.01.2024 Ahram Online
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The Central Bank of Egypt (CBE) has instructed all banks operating in the country to apply a minimum interest rate of 24 percent on loans.
10.01.2024 Ahram Online
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Egypt aims to launch a digital currency issued by the Central Bank of Egypt, represented by the digital pound (E-Pound) by 2030.
09.01.2024 Egypt Independent
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The approval is part of a broader initiative to bolster support for fintech startups and promote a business-favorable climate, as per the statement.
09.01.2024 Ahram Online
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Inflation has eased from a historic high of 38.0% in September, but inflation risks are growing again.
09.01.2024 Reuters
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