Financial institutions in Egypt
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FRA reports EGP 299bn in financing by entities under its supervision in Q4 2024
FRA reports EGP 299bn in Q4 2024 financing, highlighting robust capital market activities and non-banking financial services growth.
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IMF approves $1.2 billion for Egypt
Cairo has requested financing under the RSF since 2022, with hopes it could unlock up to an additional $1 billion.
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Egypt launches new initiative for expats to invest in 1.5 Million Feddan Project
Egyptians abroad will be able to acquire agricultural lands and engage in various agricultural and developmental activities.
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St. Kitts and Nevis Investment Gateway Summit 2025: A call to Egyptian investors
After the remarkable success of its 2024 edition, the St. Kitts and Nevis Investment Gateway Summit returns with even greater ambition.
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Illusion of easy money: Unmasking digital scams in Egypt
With the expansion of digital financial services and electronic wallets, digital fraud has become a concerning phenomenon in Egypt.
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Careem Pay Expands to Egypt
Careem Pay launches UAE-to-Egypt remittances, offering instant, low-cost transfers—50% cheaper than banks.
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Egypt's headline inflation rate almost halves in February
The drop was amplified by a statistical base effect, as exceptionally fast price increases of the past two years were no longer reflected in the stats
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Egypt FX inflows match expenditures for 1st time in years
For the first time in years, foreign currency inflows into Egypt have matched expenditures, signalling economic stability.
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Egypt’s tax revenues surge by 39% in H1 of FY2024/2025
Kouchouk revealed that Egypt plans to triple allocations for economic stimulus programs and initiatives compared to the current year.
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Visa launches "Tap-to-Add Card" in Egypt
Visa introduces the Tap to Add Card feature in Egypt, simplifying digital payments and enhancing user convenience.