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 US dollar price started with a surge recording LE 32, and then decreased to LE 29.67 on Wednesday.
13.01.2023 Egypt Today
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The Egyptian pound weakened to as low as 32.20 to the dollar on Wednesday from 27.60 at the open of trade. It has since rebounded to 30.55 on Thursday
13.01.2023 Reuters
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67% of small businesses in Egypt are optimistic about their business sector growing in 2023.
13.01.2023 Zawya
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The meeting also tackled the ongoing efforts exerted by the Environment Ministry to promote the investment climate in Egypt.
13.01.2023 Egypt Independent
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Mohsen stressed the need for the government to expand initiatives to support industry and deepen local industrialization.
13.01.2023 See news
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This step paves the way for selling stakes ranging between 20% and 30% in these companies to strategic investors, the sources said.
13.01.2023 Arab Finance
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Commercial International Bank Egypt announced Tuesday, that it would raise the interest on Certificates of Deposit (CDs) for a year and a half.
12.01.2023 Egypt Independent
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Japanese systems and trains will be used as part of the official development aid loan, which has a 40-year repayment horizon.
12.01.2023 See news
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The euro prices also jumped by over EGP 1 to record over EGP 34 at major banks.
12.01.2023 Ahram Online
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The health, interior, foreign, and defence ministries are exempted, as well as agencies tasked with expenditure on subsidised food products and energy
11.01.2023 Reuters
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