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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The Egyptian Cabinet granted Golden Licences to five projects with total investments of EGP 10.2 billion ($329.34 million).
20.07.2023 Ahram Online
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Egyptian investment company Beltone's issued and paid-in capital surged by 1,080 percent to EGP 10.9 billion following shareholders' full subscription
20.07.2023 Ahram Online
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Egyptian digital savings startup Menthum has secured an undisclosed pre-seed round of funding to help it expand its team and develop infrastructure.
20.07.2023 Disrupt Africa
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The title comes from the South African philosophy of “Ubuntu”, which translates to “I am because you are” and reflects the shared struggles of mankind
20.07.2023 Egypt Independent
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Assets under the management of the Sovereign Fund of Egypt (SFE) recorded $12 billion, reported Hala El-Said.
20.07.2023 Ahram Online
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The Central Bank of Egypt (CBE) is considering enabling Egyptian expats to send remittances via the InstaPay app from countries like Saudi Arabia, UAE
19.07.2023 Al Ahram
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A unified card for salaries, pensions, health insurance and public transport will replace various cards currently used by citizens.
19.07.2023 Egypt Independent
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Egyptian digital finance platform, Fawry, is studying whether it will apply for a digital banking license.
19.07.2023 Egypt Today
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Fitch Ratings has affirmed Banque du Caire S.A.E.'s (BDC) Long-Term Issuer Default Rating (IDR) at 'B' with a Negative Outlook, and Viability Rating.
18.07.2023 Fitch ratings
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Regional fintech event Seamless North Africa has kicked off in Egypt's New Cairo with the participation of over 4,000 banking institutions.
18.07.2023 Ahram Online
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