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’s foreign reserves declined at the fastest pace in more than two years after repaying debt and funding a widening trade deficit.
06.08.2015 Bloomberg Business
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Bank repays bonds, amounting to $600m, which it offered in August 2010.
05.08.2015 Daily News Egypt
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EBRD provides QNB Al-Ahli with $40m for trade facilitation.
04.08.2015 Daily News Egypt
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Egypt’s central bank usually holds foreign exchange auctions on Sunday, Tuesday and Thursday every week.
03.08.2015 The Cairo Post
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The bank has now held rates steady in four consecutive meetings after surprising analysts with a 50-basis-point cut in January.
01.08.2015 Reuters
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Barclays Africa Group Ltd said talks to buy its parent company’s operations in Egypt and Zimbabwe have been accelerated following management changes.
30.07.2015 Bloomberg Business
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Egypt expects to spend $2.6 bn with foreign companies for electricity, including equipment, this summer, Prime Minister Ibrahim Mahlab said in May.
29.07.2015 Bloomberg Business
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Egypt's central bank is expected to keep interest rates on hold on Thursday with inflation still in double digits despite lower global commodity price
29.07.2015 Ahram Online
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The National Bank of Egypt has launched the first interactive teller machine (ITM) in the Egyptian market, according to Alaa Farouk, Head of Retail.
27.07.2015 Daily News Egypt
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The amount is part of LE6.85 billion in targeted investments for local development programmes.
27.07.2015 Ahram Online
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