Financial institutions in Egypt
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Egypt sets goal to increase entrepreneurship investments to $5 Billion
To address challenges and drive growth, Madbouly announced the establishment of a ministerial group dedicated to entrepreneurship.
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Egypt’s IMF Debts Represent 69% Of Total Arab Countries' Obligations
Egypt's total obligations to the IMF hit $13.2 billion , exceeding the combined IMF debts of eight Arab countries.
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MSMEDA cooperates with WB to upgrade Egypt entrepreneurship eco-system
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) is cooperating with the World Bank (WB) to upgrade the Egyptian Entrepreneurship.
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Egypt's headline inflation inches up to 26.5% in October
Egypt's M2 money supply grew by 29.59% year-on-year in September, central bank data showed.
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CBE signs cooperation protocol with health ministry’s medical fund
The Central Bank of Egypt (CBE) signed a cooperation protocol with the Health Ministry's Medical Emergency and Genetic and Rare Disease Fund.
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Egypt, IMF to map out most effective, comprehensive reform paths
Prime Minister Mostafa Madbouly stated in the weekly government meeting that the International Monetary Fund (IMF), in partnership with the government
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Egypt net int'l reserves increase to $46.9 bln by end-October
Egypt's net international reserves (NIRs) increased to $46.9 billion by the end of October, up from $46.7 billion in September.
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Here are the InstaPay withdrawal limits
The Central Bank’s decision came due to the increasing number and value of transactions on the National Instant Payment System.
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Egypt budget deficit drops to 2.1% in Q1 FY2024/2025
Egypt's budget deficit dropped to 2.1 percent of the GDP in the first quarter (Q1) of the current fiscal year (FY) 2024/2025, down from 3.2 percent.
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Egypt, Djibouti central banks partner for training
The Central Bank of Egypt (CBE) announced Tuesday that it has partnered with the Central Bank of Djibouti (CBD) to conduct a comprehensive training.