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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Withdrawals reached their climax on Sunday, June 25, with more than 1.6 million withdrawals at an amount of EGP 4.22 billion pounds in one day.
04.07.2023 See news
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To curb inflation, which hit record levels, reaching about 40.3% last May, the Central Bank of Egypt raised the interest rate by 10%.
04.07.2023 Daily News Egypt
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Egyptian businessman Naguib Sawiris turned heads after a tweet he posted regarding the solution he sees for the losses of companies.
03.07.2023 Egypt Independent
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When Egypt agreed a $3bn, 46-month financial support package with the IMF back in December, it vowed to adopt a flexible exchange rate regime.
02.07.2023 the africa report
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Also stationed in Cairo, financial service Paymob was founded in 2015 and has 40 payment methods available for businesses to choose from.
02.07.2023 healthcare digital
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Egypt's new budget for FY 2023/24 takes effect on 1 July, with higher revenues and expenditures forecasted by the government.
02.07.2023 Ahram Online
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The minister added that the Treasury and Mint Authority witnessed during the past few years an unprecedented boom in the field of "digitization".
29.06.2023 See news
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Egypt is allocating EGP 202 billion ($6.54 billion) of its budget for the fiscal year 2023/24 to pensions, a six percent increase compared to 22/23.
29.06.2023 Ahram Online
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The parliamentary report confirmed that the state’s plan aims to stimulate commodity exports to exceed $58 billion in 2024/23.
28.06.2023 Egypt Today
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For the bank’s Head of the SMEs and Microfinance Sector Amr Demerdash, the agreement is part of Banque Misr’s strategy to support projects.
28.06.2023 North Africa Post
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