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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NFAs improved to a negative 494.3 billion Egyptian pounds from a negative 541.5 billion in November.
02.02.2023 Reuters
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The central bank raised rates by a larger-than-expected 300 bps at its last meeting on Dec. 22 and by 200 bps at a surprise meeting on Oct. 27.
01.02.2023 Reuters
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Last month, the Egyptian Exchange released new criteria for inclusion in the EGX30 in a bid to make the benchmark index more attractive for investors
01.02.2023 Enterprise
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The acquisition has been approved by the central bank and will take effect on Jan. 31.
01.02.2023 Marketscreener
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Minister of Finance, Mohamed Maait, stated that these initiatives help provide the necessary cash liquidity to ensure the rotation of the economy.
01.02.2023 Egypt Today
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Many banks within Egypt were trading at 30 Egyptian pounds for $1 earlier this month.
31.01.2023 Greenwich time
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Proceeds from the 25 percent and 22.5 percent saving certificates of deposit offered by Banque Misr and the NBE garnered EGP 460 billion in a month.
31.01.2023 Ahram Online
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The foundation will help designing and piloting a programme that targets projects and companies run by women.
31.01.2023 Zawya
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Finance Minister Mohamed Maait hailed S&P’s decision, saying it reflects the international institutions' confidence in the Egyptian economy.
31.01.2023 Egypt Today
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Egypt aims to benefit from the areas that fall within the various activities of the bank, including supporting sustainable development.
31.01.2023 See news
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