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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Inflation has eased from a historic high of 38.0% in September, but inflation risks are growing again.
09.01.2024 Reuters
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The approval is part of a broader initiative to bolster support for fintech startups and promote a business-favorable climate, as per the statement.
09.01.2024 Ahram Online
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Egypt aims to launch a digital currency issued by the Central Bank of Egypt, represented by the digital pound (E-Pound) by 2030.
09.01.2024 Egypt Independent
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Cabinet spokesman Mohamed El-Homsany said that an IMF delegation is visiting the country this month to conduct further consultations.
08.01.2024 See news
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The document includes 8 proposed strategic orientations based on the consensus of experts in several key areas and the ambitious national targets.
08.01.2024 Egypt Today
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On Thursday, NBE and Banque Misr announced the issuance of new CDs, offering annual yields of 23.5 percent and 27 percent, respectively.
08.01.2024 Ahram Online
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Egypt is set to adopt a flexible exchange rate policy to adjust the pound’s value against the US dollar to meet a 39.61 rate planned by 2028.
08.01.2024 Ahram Online
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Egypt’s membership in the BRICS bloc officially came into effect in a landmark move this January, aligning itself with five other new members.
07.01.2024 Ahram Online
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CBE explained in a report issued Friday that remittances from Egyptians working abroad fell to about $4.5 billion during the three months.
07.01.2024 See news
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On Thursday, the NBE and Banque Misr announced issuing new CDs with 23.5 percent and 27 percent annual yields, respectively.
07.01.2024 Ahram Online
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