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 is likely to receive $20 billion in loans and investments from the International Monetary Fund (IMF) and other entities over four years.
11.12.2023 Ahram Online
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He argues higher interest rates would not benefit the national economy, banks, or individuals, nor would they aid in achieving inflation targets.
11.12.2023 Daily News Egypt
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Government deposits reached LE 2.179 trillion, while non-governmental deposits accounted for LE 7.539 trillion.
11.12.2023 Egypt Independent
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Egypt's annual core inflation rate decelerated by 2.2 percent in November, recording 35.9 percent, down from 38.1 percent in October.
11.12.2023 Ahram Online
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The exchange rate of the Egyptian currency will remain within the range of 31 pounds to the dollar at the beginning of next year.
10.12.2023 Egypt Independent
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Egypt imports the equivalent of an average of $7 billion a month in goods and products from abroad, with an annual total estimated at more than $70bn.
10.12.2023 See news
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The IMF is currently discussing with Egyptian authorities providing additional financing to ensure the successful implementation of the policy package
08.12.2023 Ahram Online
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In October, Egypt's NIR also witnessed a growth, to reach $35.1 billion compared to $34.97 billion in September, as reported by the CBE.
08.12.2023 Egypt Today
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Egypt is also considering issuing a second “sukuk” tranche and issuing sustainability bonds ranging from $500 million to one billion dollars next year
07.12.2023 Egypt Independent
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AUC announced that Sherif Kamel, dean of the School of Business Administration, has joined the Board of Directors of the CBE.
07.12.2023 Ahram Online
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