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 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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The annual core inflation rate in Egypt slowed last November to 35.9%, compared to 38.1% in October 2023.
02.01.2024 See news
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The Finance Ministry's statement clarified that the growth rate of electronic payment services for state employees reached 12 percent.
02.01.2024 Egypt Today
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Egypt's blue-chip index (.EGX30) advanced 0.8%, extending its 2023 gains to a 70.5%.
01.01.2024 Reuters
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The total value of operations conducted by public sector companies reached LE 59.4 billion in the fiscal year 2021/2022.
01.01.2024 Egypt Today
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The Egyptian government is set to continue improving wage levels in 2024 to alleviate the financial burdens faced by citizens since COVID.
01.01.2024 Ahram Online
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The budget deficit percentage of the gross domestic product (GDP) rose to 5.51 percent, compared to 3.37 percent last year.
01.01.2024 Egypt Today
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Egyptian tech-focused Venture Capital (VC) firm T-Vencubator, has launched operations with the aim to support the growth of local startups in Egypt.
31.12.2023 tekedia
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Originally consisting of Brazil, Russia, India, China, and South Africa, BRICS extended invitations to six additional countries in August.
31.12.2023 Capital FM
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