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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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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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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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 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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The Ministry of Finance has disclosed the volume of outstanding balances from Egypt's external bonds until the end of 2023.
05.02.2024 Egypt Today
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The price of the dollar on the black market lost about 8 pounds, affected by the decision of the Central Bank of Egypt to raise the interest rates.
05.02.2024 See news
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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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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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Mastercard has announced a strategic partnership with Emirates NBD-Egypt to elevate the digital banking experience for customers.
02.02.2024 ibs intelligence
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