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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Fatura’s marketplace is expected to contribute 25% of MaxAB’s Egypt revenue by year end.
20.05.2025 tech point
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The median forecast of 16 analysts was for the central bank to cut the deposit rate to 23.25% and the lending rate to 24.25%.
20.05.2025 Reuters
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Central Bank of Egypt expects the annual inflation rate to slow down during 2025 and 2026.
20.05.2025 Arab News
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SAIB Bank sees 17% loan growth and EGP 390M in Q1 profits, fueled by retail, SME, and corporate lending.
19.05.2025 Daily News Egypt
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Al-Mashat highlighted the European Union’s (EU) €4 billion macroeconomic and budget support package, now entering its second phase.
15.05.2025 Ahram Online
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President El-Sisi also reaffirmed to Adesina Egypt’s ongoing support for the AfDB and commitment to cooperating with its next president.
13.05.2025 Ahram Online
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Saudi Arabia's benchmark stock index (.TASI), opens new tab rose 1.3%, the sharpest rise in a month with almost all sectors in the green.
13.05.2025 Reuters
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In February 2025 alone, remittance inflows surpassed $3 billion for the second month in a row, more than doubling the $1.3 billion recorded in Feb2024
13.05.2025 Egypt Today
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The report attributes the inflationary pressure to notable price hikes in essential sectors. Electricity, gas, and fuel costs jumped by 6.7 percent.
12.05.2025 Egypt Today
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Despite clear progress, the OECD emphasized that further work is needed to ensure these ambitious reforms meet citizens’ needs.
12.05.2025 Egypt Today
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