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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NFAs represent both central bank and commercial bank assets held by non-residents, minus their liabilities.
03.04.2024 economy middle east
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Sisi swept to victory in an election last December with 89.6% of the vote and no serious challengers.
03.04.2024 Reuters
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The decline is due to the devaluation of the Egyptian pound against the US dollar, interest rate hikes, and broader economic challenges.
02.04.2024 Egypt Today
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Egypt will have immediate access to $820 million this week and another $820 million after a review to be completed by the end of June.
02.04.2024 Reuters
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Tax revenues have recorded a growth rate exceeding 38 percent since the beginning of the current fiscal year (FY24/25).
02.04.2024 Egypt Today
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The proceeds of the concessions on Friday alone amounted to LE224 million, with 65 percent of the total proceeds were from concession of US dollar.
01.04.2024 Egypt Independent
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Maait added that the rest will come from the World Bank, the European Union, Japan and the United Kingdom.
01.04.2024 Egypt Independent
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The exchange companies affiliated with Egypt's three largest state-owned banks have collected foreign currency proceeds surpassing EGP 7.5 billion.
31.03.2024 Ahram Online
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IMF said on Friday the expanded $8 billion financial support program enables the immediate release of $820 million.
31.03.2024 Middle east monitor
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The International Monetary Fund stressed the importance of implementing economic policies and supporting the private sector.
31.03.2024 Egypt Today
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