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 gov. will stop spending on new projects that need US dollars and ordering state entities to get approval from the Finance Ministry and the CBE.
11.01.2023 Daily News Egypt
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He pointed out that the new certificates offered by Banque Misr and Al-Ahly Bank, at a rate of 25%, contribute to collecting funds.
11.01.2023 See news
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The report ascribed that to the high inflation that erodes real wages and weighs on domestic consumption.
11.01.2023 Ahram Online
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This issuance comes as part of a short-term EGP 5 billion securitization issuance program over two years.
11.01.2023 Zawya
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The central bank allowed the Egyptian pound to depreciate by about 14.5% on Oct. 27 and let its value continue weakening slowly and incrementally.
11.01.2023 Marketscreener
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In a letter of intent to the IMF dated Nov. 30, the government said it sought the support after the war in Ukraine increased existing vulnerabilities.
11.01.2023 Zawya
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The IMF approved in December a 46-month loan for Egypt under the Fund’s Extended Fund Facility (EFF) to address the impacts of the war in Ukraine.
11.01.2023 Ahram Online
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The transaction was carried out on 1.90mln of the bank’s shares.
11.01.2023 Zawya
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The IMF expected Egypt's economy will grow by 4% in the 2022/2023 current fiscal year (FY), 5.3% in the fiscal year 2023/2024.
11.01.2023 Egypt Today
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The report detailed the main targets and commitments the government has pledged under the four-year programme.
11.01.2023 Ahram Online
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