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 state is seeking to back the foreign and local private sector and provide incentives for production and IT sectors.
19.03.2023 Egypt Independent
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Egypt's joining of the BRICS New Development Bank will relieve the state budget of the pressure of finding US dollars to meet the country's imports.
19.03.2023 Bitcoinke
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The loans and advances portfolio surged by 36.5% during 2022, reaching EGP 53.9 bn as of 31 Dec. 2022.
18.03.2023 Egypt Today
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Egypt is one of the fastest growing countries in the Middle East and North Africa, with a rate of 4.8% of GDP.
18.03.2023 See news
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This came during a meeting with Egypt’s Finance Minister Mohamed Maait and a number of Saudi investors in Riyadh.
18.03.2023 Zawya
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President Abdel Fattah Al-Sisi has decided to transfer the ownership of Misr Insurance Holding to the Sovereign Fund of Egypt (TSFE).
17.03.2023 Daily News Egypt
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Maait made the announcement during his participation in the Financial Sector Conference in Riyadh, the capital of Saudi Arabia.
17.03.2023 ahram online
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In the first nine months of 2022, Mopco generated $163mln in consolidated net profit.
17.03.2023 ZAWYA
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The IPOs program is also scheduled to put 10 to 15 percent of the shares of Misr Life Insurance company on the stock exchange.
16.03.2023 Egypt Independent
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Inji Borai appointed as Vice President and Country Manager for Mastercard Egypt.
16.03.2023 Zawya
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