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 has raised interest rates by 700 basis points since the float.
10.10.2017 Business Recorder
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The reserve ratio, used to control money supply, will increase to 14 percent from 10 percent from Oct. 10.
05.10.2017 The Daily Star
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The foreign exchange reserves increased by more than $21bn over the past 14 months, where it stood at about $15.5bn in July 2016.
04.10.2017 MENA FN
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The new ratio is effective starting on 10 October, the bank said in a statement.
04.10.2017 Ahram Online
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Egypt may delay a planned sale of 1.5 billion in euro-denominated bonds to early 2018.
04.10.2017 Bloomberg Business
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The pound has gradually strengthened in recent weeks to about 17.71 to the dollar, up from about 17.75 last month.
01.10.2017 Reuters
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Minster of Finance Amr El-Garhy meets with investors to discuss further opportunities.
27.09.2017 Daily News Egypt
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The first review of Egypt’s economic reform program from IMF is out and it carries good news.
27.09.2017 The International Monetary Fund
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According to EIB, a total 890 million euros were slated for Egypt in 2016 under the EIB’s commitment to Mediterranean partner countries.
24.09.2017 Ahram Online
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In August, 1,528 ships passed through the Egyptian waterway compared to 1,462 in the same month last year.
23.09.2017 Ahram Online
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