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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Shawky pointed out that before coronavirus pandemic, Egypt’s foreign currency reserve amounted to about $45 billion.
03.12.2023 Egypt Independent
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Fahmy said that President El Sisi, and Georgieva reviewed the mutual ties between Egypt and the IMF.
03.12.2023 See news
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During November, the dollar recorded successive jumps in black market transactions, reaching 52 pounds due to a sudden increase in demand.
03.12.2023 Egypt Independent
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The AfDB clarified that the instruments and amounts include $10 million Line of credit with a tenor of 10 years.
01.12.2023 Egypt Today
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The UAE has renewed a $1 billion deposit at the Central Bank of Egypt (CBE) for three years to 1 July 2026 instead of 1 July 2023.
01.12.2023 Ahram Online
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The net loan portfolio's value recorded EGP 82.935 billion, a 70% increase compared to the end of 2022.
30.11.2023 Zawya
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The AfDB loan will help Egypt’s goal of attracting $3 billion in financing by the year’s end to bridge a $17 billion financing gap over 4 years.
30.11.2023 Egypt Today
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In terms of supporting small-scale initiatives in North Sinai, Rahmy revealed that MSMEDA invested EGP 240 million in 15,600 projects.
30.11.2023 Egypt Today
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EBRD is seeking the acquisition of minority stakes in state-owned financial institutions earmarked for privatization in Egypt.
30.11.2023 Ahram Online
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Global payment technology company MasterCard signed a memorandum of understanding (MoU) with Egyptian e-commerce platform MaxAB.
30.11.2023 Ahram Online
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