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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Egypt-based One Finance has launched Buy Now, Pay Later in the country with an issued and paid capital worth USD 5 million.
18.10.2022 The Paypers
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Egypt's private consumption accounts for nearly 85% of its nominal GDP, and only 4% of its overall GDP is cashless.
18.10.2022 Tech Crunch
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Egypt's debt represents 80 percent of the country’s gross domestic product, which is a low percentage compared to the global level.
16.10.2022 Arab News
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The value of Egyptian exports increased by 2.2% year-on-year (YoY) to $3.13 billion in July 2022 from $3.07 billion.
16.10.2022 Zawya
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The yield of golden certificates (three-year term starting from $500) will reach 5.30% annually, 5.25% biannually, 5.20% quarterly or 5.15% monthly.
09.10.2022 Ahram Online
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Banks spotted manipulation practices from some companies and individuals using their cards to withdraw foreign exchange abroad.
09.10.2022 Daily News Egypt
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The EBRD’s volume of investments in Egypt – a founding member of the bank – stands at nearly one billion Euros annually.
02.10.2022 Ahram Online
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The 'Finance Day' will be held amid the activities of COP27, slated to be held in the Red Sea resort city on November 6-18.
02.10.2022 Egypt Today
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CBE recently decided to keep interest rates unchanged and raise the Reserve Requirement (RR) ratio for the first time in five years.
28.09.2022 Ahram Online
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President Abdel Fattah El-Sisi affirmed that the state is keen to remove all obstacles facing investors.
28.09.2022 Egypt Today
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