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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The exchange rates of foreign and Arab currencies declined against the Egyptian pound at the end of trading on Tuesday in Egyptian banks.
20.03.2024 See news
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S&P Global views Egypt’s exchange rate liberalization as a crucial milestone in bolstering confidence and fostering economic growth.
20.03.2024 economy middle east
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Minister of Finance Mohamed Maait said the state is placing a stringent ceiling of EGP 1 trillion on public investments in the upcoming fiscal year.
20.03.2024 Ahram Online
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The foundation saw a 21% increase in disbursed funds, injecting approximately EGP 2.341bn into client projects, up from EGP 1.94bn in 2022.
20.03.2024 Daily News Egypt
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The bank announced that this support includes $3 billion for financial backing to Government’s programs and $3 billion for the private sector.
19.03.2024 SIS
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The index encountered a technical glitch earlier in the day displaying inflated gains, before the issue got fixed towards the end of the trading.
19.03.2024 Reuters
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European Union announces €7.4 billion package of aid for Egypt to fund efforts in curbing migration.
18.03.2024 euronews
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The market capitalisation of Arab stock exchanges witnessed an increase to approximately $4.54trn in February, up from around $4.4trn in January.
18.03.2024 Daily News Egypt
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Italian Prime Minister Giorgia Meloni says she will be in Cairo on Sunday to sign an agreement between Europe and Egypt.
17.03.2024 Africa news
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Egyptians abroad had been holding onto their funds or sending them home outside the banking system via the black market.
14.03.2024 Middle east monitor
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