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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MIDAR, added to TSFE’s Pre-IPO fund earlier this year, is reportedly being prepared for a potential IPO in 2024. Further details undisclosed.
04.10.2023 EgyptToday
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Egypt is required to pay $29.23 billion in external debt service in 2024, with $14.59 billion due in the first half (H1) of the year and $14.63 bln.
04.10.2023 Ahram Online
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Egypt's non-oil private sector shrinks for the 34th consecutive month as ports slowdown and weak consumer demand lead to pile-up of backlogs.
04.10.2023 Reuters
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The Egyptian government, in collaboration with the Central Bank of Egypt (CBE), is set to announce next week an initiative for reducing the prices.
04.10.2023 Ahram Online
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Visa has a new cooperation with Commercial International Bank (CIB) to launch the She's Next programme to empower women-owned businesses in Egypt.
03.10.2023 Ahram Online
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Egypt’s Social Housing and Mortgage Finance Fund (SHMFF) signed a protocol with QNB Al Ahli, the Egyptian arm of the Qatari QNB Group.
03.10.2023 Ahram Online
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The Arab African International Bank (AAIB) has introduced a new savings certificate providing the banking market's highest investment return, as announced in an official statement.
03.10.2023 Egypt Independent
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The swap agreement means that Egypt will obtain a dollar as the dirham is an oil currency that is convertible to other currencies such as the dollar.
02.10.2023 Egypt independent
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Ramy Abul Naga, the Deputy Governor of the Central Bank of Egypt (CBE), recently hosted a Swiss delegation, highlighting Egypt's economic reform program and future collaborations.
02.10.2023 EgyptToday
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Fintech services provider valU announced it is planning to expand into Jordan in early 2024, the company said in a statement on Sunday.
02.10.2023 ahram online
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