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 Central Bank announced that the balance of foreign exchange reserves increased to $34.002 billion at the end of December 2022.
05.01.2023 asumetech
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In 2022, EGX 30 hiked from 11,949.18 to 14,598.53 by the end of 2022.
04.01.2023 Egypt Today
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In its recent financial stability report, the Central Bank stated that these facilities are concentrated in 17 sectors.
04.01.2023 Zawya
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More than 23 public sector companies are nominated for Initial public offering (IPO) or additional offering on stock exchange.
04.01.2023 See news
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Bank accepts 21 offers worth $850m with interest of 4.64-4.651%.
04.01.2023 Daily News Egypt
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Global equities are down $14 trillion and heading for their second worst year on record.
04.01.2023 Reuters
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The CBE uses the proceeds of this T-bills bid to pay the value of a previous bid submitted by the bank on 4 January 2022 at a value of $852.9m.
04.01.2023 Daily News Egypt
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The ability of the banking sector to deal with the current situation contributed to the release of commodities worth more than six billion dollars.
03.01.2023 See news
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The IMF expected that 2023 would witness an economic recession that millions of people around the world would feel.
03.01.2023 See news
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Al-Sisi directed that the Sovereign Fund of Egypt (TSFE) should utilise the state’s assets and develop them in a sustainable manner to maximise return
03.01.2023 Zawya
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