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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El-Sisi also directed to continue and enhance efforts to alleviate burdens on citizens, particularly in terms of controlling inflation.
21.03.2024 Egypt Today
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The Egyptian government in December raised the target of subsidizing petroleum products in the current fiscal year by 9%.
21.03.2024 Egypt Independent
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Egypt’s annual headline urban inflation rose to 35.7% in February 2024, up from 29.8% in January 2024.
21.03.2024 Daily News Egypt
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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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