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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According to the CBE, the core inflation rate declined for the fifth time in a row – recording 35.9 percent in November.
24.12.2023 Egypt Independent
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Egyptian real consumer spending is expected to increase by 1.2 percent year-on-year in 2024 despite inflation concerns.
24.12.2023 Ahram Online
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This leaves the overnight deposit rate at 19.25 percent, the overnight lending rate at 20.25 percent, the rate of the main operation at 19.75 percent.
22.12.2023 Egypt Today
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The Egyptian government is in talks with the International Monetary Fund for a new timeline for the loan deal, Prime Minster Mostafa Madbouly said.
21.12.2023 Ahram Online
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Egypt has initiated negotiations with India to explore the possibility of issuing rupee-denominated bonds in the Indian markets.
21.12.2023 Ahram Online
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Azzam mentioned the possibility of listing commercial malls on the stock exchange, with a part of their shares offered to citizens for selling units.
21.12.2023 Egypt Today
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Half of the loan will be dedicated to Egyptian private MSMEs in regions outside of Cairo and Alexandria.
21.12.2023 Ahram Online
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In November 2023, Egypt achieved a successful sale of nearly $500 million worth of 5-year Samurai bonds in the Japanese market.
21.12.2023 Egypt Today
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Basata Holding, a leading Egyptian e-payment services company, announced plans to introduce new services in 2024 to promote financial inclusion.
21.12.2023 Ahram Online
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Xmatch Demo Day has secured more than $20 million in potential investments for Small and Medium Enterprises (SMEs) and startups in Egypt.
20.12.2023 Ahram Online
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