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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Financing offered to Egyptian microenterprises surged by more than 1,123%, reaching EGP 78.3 billion in June 2023 from just EGP 6.4 billion.
26.12.2023 Ahram Online
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The main objective of these agreements, as outlined in the MoIC report, is to support Egypt's efforts to achieve comprehensive and sustainable growth.
25.12.2023 Egypt Today
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The circular explained that these updated controls came with reference to the supervisory controls for banks regarding combating money laundering.
25.12.2023 See news
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This helps to stop the misuse that has been monitored on foreign currency transactions abroad and at home through credit cards.
25.12.2023 See news
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According to recent data from the Central Bank of Egypt, there was a reported 38 percent decline in remittance flows during the first half of 2023.
24.12.2023 Egypt Today
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The meeting followed up on the joint cooperation portfolio with the IFC, and the ongoing measures to enhance private sector participation.
24.12.2023 Egypt Independent
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According to the CBE, the core inflation rate declined for the fifth time in a row – recording 35.9 percent in November.
24.12.2023 Egypt Independent
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Egyptian real consumer spending is expected to increase by 1.2 percent year-on-year in 2024 despite inflation concerns.
24.12.2023 Ahram Online
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This leaves the overnight deposit rate at 19.25 percent, the overnight lending rate at 20.25 percent, the rate of the main operation at 19.75 percent.
22.12.2023 Egypt Today
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The Egyptian government is in talks with the International Monetary Fund for a new timeline for the loan deal, Prime Minster Mostafa Madbouly said.
21.12.2023 Ahram Online
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