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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On the global level, the CBE said that forecasts for global economic activity have been dampened due to the conflict between Russia and Ukraine.
25.09.2022 Ahram Online
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Egypt achieved a primary surplus in FY 2021/2022, amounting to 1.3 percent of GDP.
22.09.2022 Ahram Online
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The median forecast in a poll of 15 analysts is for the bank to raise its deposit rate to 12.25% and its lending rate to 13.25%.
21.09.2022 Reuters
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The Sovereign Fund of Egypt (TSFE) implemented or signed binding deals to execute 10 projects worth EGP 25.5 billion in 2021.
18.09.2022 Ahram Online
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Egypt’s GDP growth is expected to moderate to 5.5 percent in the current FY 2022/2023 and to five percent in FY 2023/2024 owing to the war in Ukraine.
15.09.2022 Ahram Online
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The first tranche of the planned IPOs will be worth a range of between $2.5 and $3bln and will be announced within four weeks.
15.09.2022 Zawya
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The loan follows the success of the Green Economy Financing Facility (GEFF) in Egypt and will support an expansion of green lending.
13.09.2022 Daily News Egypt
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The Central Bank of Egypt (CBE) announced that the annual inflation rate rose by 16.7 percent in August, compared to 15.6 percent in July.
12.09.2022 Ahram Online
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EBRD President added that Egypt is going through a period of transformation that is highly competitive.
12.09.2022 See news
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The development program between Egypt and the World Bank needs to resume in the nearest possible time, in light of the current economic crisis.
07.09.2022 Ahram Online
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