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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If low world oil prices continue during FYH2, it is estimated that the year's total petroleum subsidies bill will decrease by about 30 billion Egyptian pounds.
23.12.2014 Reuters
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Fitch Ratings has upgraded Egypt's Long-term foreign and local currency Issuer Default Ratings (IDR) to 'B' from 'B-'. The Outlooks are Stable.
20.12.2014 Reuters
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A turbulent week spurred by falling oil prices ends with EGX30 stocks in the green as regional markets stabilise.
19.12.2014 Ahram Online
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Council member Ahmed al-Sewedy said the council, with its new formation, will work on attracting more Chinese investments to Egypt.
18.12.2014 Daily News Egypt
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The massive fiscal 2015 spending bill that Congress passed on Saturday includes a longer list of conditions for releasing aid to Egypt.
18.12.2014 AlArabiya
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Market gains EGP 5.9bn Monday after witnessing a huge loss the previous day.
16.12.2014 Daily News Egypt
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Investors say they have only seen the general outlines of those reforms and need details before they can plan new investments.
16.12.2014 Ahram Online
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The potential US spending bill allows the secretary of state to waive conditions placed on Washington’s nearly $1.5 billion in economic and military aid to Egypt.
15.12.2014 The National
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World Justice Project says Egyptian citizens and businesses find it difficult to access public services without paying bribes.
14.12.2014 Daily News Egypt
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EBRD will issue guarantees in favour of international commercial banks, covering political and commercial payment risks for transactions made by CIB.
12.12.2014 Star Africa
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