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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Reserves have inched downward on the back of decreased levels of foreign aid and political instability plaguing the Suez Canal and tourism.
07.01.2015 Ahram Online
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President Abdel Fattah Al-Sisi made several economic promises to Egyptians prior to his election.
05.01.2015 AlBawaba
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The announcement comes amid concerns over a decline in foreign reserves by 6.1 percent to $15.9 billion at the end of November 2014.
04.01.2015 Star Africa
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The government aims to cut the deficit for the current fiscal year, expected to end 30 June, to 11 percent compared to 12.8 percent in FY2013/14.
04.01.2015 Ahram Online
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The decision came amid Sisi's meeting with representatives of farmers at the presidential palace in Heliopolis.
02.01.2015 Egypt State Information Service
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The MSCI index for Egypt has almost doubled since mid-2013.
02.01.2015 Financial Times
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The payment was the third batch to energy firms in the past year, though the government still owes $3.1 billion.
01.01.2015 Yahoo!
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The Egyptian stock exchange generated better returns than any other regional bourse in 2014 as the economy entered a new phase of growth spurred by aid from the Arabian Gulf.
01.01.2015 The National
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The plunge of oil and equity prices over the last several months has stunned managers, and they may therefore invest their 2015 equity allocations to the region only gradually.
01.01.2015 Reuters
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63,000 projects will benefit from the fund’s finance programs, which will provide around 79,000 jobs, the minister added.
01.01.2015 Star Africa
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