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 increase paralleled a 30% rise in the number of mobile wallet accounts, totaling 39.4 million at the end of December.
09.07.2024 Zawya
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In comparison, the remittances in May 2023 amounted to around $1.6 billion, as reported by the Central Bank of Egypt (CBE).
09.07.2024 Egypt Today
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The net open foreign currency positions as a percentage of total capital base improved significantly to 5.7 percent in March 2024.
08.07.2024 Egypt Today
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Egypt's net international reserves (NIRs) rose to $46,3 billion at the end of June, the highest level since the COVID-19 pandemic outbreak.
08.07.2024 Ahram Online
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Al-Homsani explained that the meeting focused on discussing the collaborative efforts between the government and the Central Bank.
07.07.2024 Egypt Independent
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CBE added the growth rates of financial inclusion for youth (age group from 16 to 35 years) reached about 48.5% during the period from 2020 to 2023.
07.07.2024 See news
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Kouchouk affirmed the government's commitment to stimulating private sector growth highlighting the ongoing structural reforms in Egypt's economy.
04.07.2024 Egypt Today
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Abdalla praised the launch of We-Fi in Egypt, highlighting that it aligns with the state’s vision to promote women’s financial inclusion.
04.07.2024 Egypt Today
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Small and medium-sized enterprises (SMEs) acquire 98 percent of the private sector landscape in Egypt, employing over 47 million.
03.07.2024 Ahram Online
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Egypt's Minister of International Cooperation Rania Al-Mashat stated that the European Union’s €1.8 billion investment package to Egypt.
02.07.2024 Ahram Online
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