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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More details have emerged regarding Egypt’s ambitious programme of economic reform.
01.02.2017 Oxford Business Group
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The IMF agreement revealed that Egypt had committed to imposing either a capital gains tax or a stamp duty on stock market transactions by 2017/18.
22.01.2017 Reuters
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The IMF deal was approved by the cabinet on 11 January, but is yet to be approved by parliament.
19.01.2017 Ahram Online
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The poll predicts economic growth will slow in the fiscal year starting in July to 3.5% but pick up again in 2018/19 to reach 4.0%.
19.01.2017 Gulf News
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This means that the CBE has neared its target of foreign exchange reserves estimated at $25bn.
08.01.2017 Daily News Egypt
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12 currencies from a total of 60 currencies in the world will rise against the dollar this year, the luckiest of which would be the Egyptian pound.
08.01.2017 Egypt Independent
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9 of Egypt’s biggest business associations ran a full-page ad in newspapers appealing to President Abdel-Fattah El-Sisi to find a solution.
29.12.2016 Bloomberg Business
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Tarek Amer says consumer inflation will be brought under control when Egypt’s exports increase, aided by the return of tourism and foreign investments
28.12.2016 Ahram Online
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The increase is the single highest shift after the stability that lasted three days at the national banks.
20.12.2016 Egypt Independent
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Egypt planned to begin a road show for its initial Eurobond issuance in November but later said this may be delayed due to market volatility.
19.12.2016 Business Recorder
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