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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Key interest rates were surprisingly cut by 50 basis points last month.
27.02.2015 Ahram Online
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Total foreign investment, which is being pumped this year, is estimated at $7.5bn.
26.02.2015 Daily News Egypt
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Cash still dominates the Egyptian consumer economy. It accounts for an estimated 94 per cent of financial transactions in the country.
26.02.2015 The National
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The government is trying to bolster the economy ahead of a major investment conference next month.
25.02.2015 Reuters
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New restrictions on cash deposits are paying off as banks are sold unprecedented amounts of dollars in cash.
25.02.2015 Ahram Online
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El-Wakil attributed the improvement to the recent (CBE) instructions regarding prices of exchange.
24.02.2015 Daily News Egypt
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Omran: The EGX indexes have been the highest worldwide for the past 84 months.
23.02.2015 The Cairo Post
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An increase in sales taxes on cigarettes is part of a wider trend from the state which has raised taxes to bring down budget deficit.
23.02.2015 Ahram Online
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Ministry of Petroleum is also studying possibility of capital market listing.
22.02.2015 Daily News Egypt
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Qalaa has some $9.5 billion in assets under management, including dozens of firms mainly in Egypt, east and north Africa.
22.02.2015 Reuters Africa
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