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 US dollar dropped against the Egyptian pound in the parallel market to about EGP 50, down from a peak of more than 70 EGP last week.
06.02.2024 new arab
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The Ministry of Finance has disclosed the volume of outstanding balances from Egypt's external bonds until the end of 2023.
05.02.2024 Egypt Today
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The price of the dollar on the black market lost about 8 pounds, affected by the decision of the Central Bank of Egypt to raise the interest rates.
05.02.2024 See news
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Raising interests reduces the productivity of businessmen and investors, and limits their purchase of equipment and production inputs.
05.02.2024 Egypt Independent
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The IMF had postponed reviews of Egypt's current program, agreed upon over a year ago, awaiting authorities to allow a more flexible exchange rate.
05.02.2024 Egypt Today
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Mastercard has announced a strategic partnership with Emirates NBD-Egypt to elevate the digital banking experience for customers.
02.02.2024 ibs intelligence
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The 12-month non-deliverable forward contracts for the Egyptian pound against the US dollar surged to an all-time high of EGP 63.
02.02.2024 Ahram Online
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NBE has launched a new debit card for customers with US dollar accounts, named Visa Platinum, to facilitate customers' overseas purchases.
02.02.2024 Ahram Online
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This adjustment sets the rates at 21.25%, 22.25%, and 21.75% respectively, in a strategic move to curb inflation and stabilize the national economy.
02.02.2024 See news
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CBE stated it has not issued new directives regarding adjustments to the daily withdrawal limit in Egyptian pounds for individuals and corporations.
02.02.2024 Ahram Online
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