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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This partnership aims to attract new customers from many social segments to support the financial inclusion initiative.
04.08.2024 Ahram Online
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The International Monetary Fund announced the completion of a review that allows Egypt to withdraw $820 million.
04.08.2024 See news
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Egypt’s overall debt decreased by approximately seven percent in FY2023/2024 to 89 percent of the GDP, down from 95.70 percent in FY2022/2023.
01.08.2024 Ahram Online
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In a report released last week, the IMF had predicted a 2.7 percent growth in FY2024/2025 and a slightly improved 4.1 percent in FY2025/2026.
01.08.2024 Egypt Today
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The US dollar rate against the Egyptian Pound (EGP) hit its highest level on Wednesday since April.
01.08.2024 Ahram Online
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The decline in Egypt’s non-oil trade deficit during H1 of 2024 was primarily due to a $1.2 billion decline in imports.
01.08.2024 economy middle east
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The IMF and the Egyptian government will continue negotiating the country’s access to a Resilience and Sustainability Facility (RSF) in the autumn.
31.07.2024 Middle east monitor
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The roundtable was held a day after the IMF completed the third review of the Extended Fund Facility (EFF) loan program for Egypt.
31.07.2024 Ahram Online
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Egypt says it has shifted to a flexible exchange rate regime, a policy the IMF said on Monday remains "a cornerstone of the authorities' program."
31.07.2024 Reuters
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The fuel consumption bill withdrawn from the Ministry of Petroleum for power stations amounts to EGP 16 billion per month.
31.07.2024 See news
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