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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Finance Minister Mohamed Maait and Prime Minister Mostafa Madbouly reviewed draft laws that include tax facilitations for investors in Egypt.
09.02.2023 Egypt Independent
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IBAG, the official and oldest agent of Western Union in Egypt since 1995, revealed that the number of transfers from Egyptians abroad reached 2.8 m.
08.02.2023 Daily News Egypt
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The Riyadh-based firm purchased 412,873 shares in the Egyptian company for EGP 1.30 million, at an average price of EGP 3.17 per share.
08.02.2023 Zawya
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This comes within the framework of the mortgage financing initiative for low-income individuals, until the end of January 2023, which is 95.8% of fund
08.02.2023 Daily News Egypt
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The issuance will be completed during the current month, to make new expansions for the company during the first half of this year.
07.02.2023 Daily News Egypt
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Egypt’s real GDP growth is expected to moderate to 3% in 2023 with a higher inflation anticipated Fitch Solutions said in its MENA Monthly Outlook.
07.02.2023 Ahram Online
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International Business Associates Group for Money Transfer Services, S.A.E. (IBAG) recorded a total of US$1.65 billion worth of transfers in 2022.
07.02.2023 Zawya
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Egypt's cash reserves had increased to $34.002 billion at the end of December, compared to $33.53 billion at the end of November.
06.02.2023 Egypt Today
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Egypt's purchasing managers' index (PMI) for the non-oil private sector declined by 1.7 points in January to 45.5, down from 47.2 in December.
06.02.2023 Ahram Online
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At the end of last year, the state adopted the “State Ownership Policy Document” to allow more room for private sector participation in economy.
05.02.2023 Daily News Egypt
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