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’s tax revenue jumped 34.83 percent on an annual basis during the first three months of the new fiscal year (FY) 2023/2024.
05.12.2023 Ahram Online
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Global payment technology company MasterCard has entered into a strategic alliance agreement with the Egyptian digital payment company MDP.
05.12.2023 Ahram Online
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Egypt’s budget deficit rose to 3.85 percent of GDP during the first quarter (July-September) of FY 2023/2024, up from 2.05 percent.
05.12.2023 Ahram Online
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The International Monetary Fund (IMF) is on the verge of advancing with the next steps in Egypt's $3 billion loan programme shortly.
04.12.2023 Ahram Online
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Long-term debt accounted for $136.6bn, whereas short-term debt accounted for $28.1bn.
04.12.2023 Daily News Egypt
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The services sector was the top recipient of foreign direct investments (FDI) in Egypt during the fiscal year (FY) 2022/2023, recording $5.94 billion.
04.12.2023 Ahram Online
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Some fraudsters have begun exploiting the feature to scam victims out of their money.
04.12.2023 Egypt Independent
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The Central Bank of Egypt (CBE), acting on behalf of the government, plans to hold 16 T-bills auctions totalling EGP 376bn in December.
03.12.2023 Daily News Egypt
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The investment will facilitate Banknbox’s expansion into new markets, and enhance its capabilities to meet evolving customer needs.
03.12.2023 Daily News Egypt
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The AFDB granted a financial package of $148 million to the Commercial International Bank of Egypt (CIB).
03.12.2023 ecofinagency
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