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 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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The IMF warned on Sunday about a tougher year in 2023 for the global economy with USA, China, Europe with weakening activity.
03.01.2023 Reuters
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A recent report by CBE revealed that the money supply recorded EGP 1.692trn in November, compared to EGP 1.382trn in December 2021.
03.01.2023 Daily News Egypt
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The EGP 148.75 million capital hike will be distributed among 14.87 million shares as per the fair value (FV) with no issuance expenses.
03.01.2023 Zawya
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At the start of the year, the government envisioned as many as 10 state-owned companies selling shares on the bourse in 2022.
03.01.2023 Enterprise
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The government said US dollar crisis is on its way to being resolved, it will crack down on currency dealers in the “black market.”
03.01.2023 Asharq Al-Awsat
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The amendments is to confront default risks, within the framework of completing the authority’s role in developing non-banking financial markets.
03.01.2023 See news
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