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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Remittances from Egyptians working abroad dropped 29.22 percent to $4.52 billion in the first quarter of the fiscal year 2023/2024.
04.01.2024 Ahram Online
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The first agreement, valued at LE 100 million, will provide funding for micro projects across all governorates.
04.01.2024 Egypt Independent
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"The other risk lies in the uncertainty that other countries in the region will face, which may affect investment."
04.01.2024 See news
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The National Bank of Egypt (NBE) and Banque Misr are set to repay more than EGP 500 billion in principal and interest of 22.5 percent and 25 percent.
04.01.2024 Ahram Online
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The money will be used to pay previous maturities for debt instruments and finance the state’s general budget deficit.
04.01.2024 Daily News Egypt
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Egyptian banks will be closed on Sunday, 7 January, in celebration of Christmas for the Orthodox Church, according to a statement by the Central Bank.
04.01.2024 Ahram Online
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The Egyptian economy is set to fully recover from its current crisis in 2025, Prime Minister Mostafa Madbouly stated in a press conference.
04.01.2024 Ahram Online
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This environment could lead to tightening financial conditions, stirring a wave of credit pressure, and reducing the available funding.
03.01.2024 See news
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Egypt has set a target of attracting $12 billion in foreign direct investments (FDIs) during the fiscal year (FY) 2023/2024, which ends in June.
03.01.2024 Ahram Online
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In the following report, we present the price of the Egyptian pound against the most important currencies of the BRICS countries.
02.01.2024 See news
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