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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Some fraudsters have begun exploiting the feature to scam victims out of their money.
04.12.2023 Egypt Independent
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The Central Bank of Egypt (CBE), acting on behalf of the government, plans to hold 16 T-bills auctions totalling EGP 376bn in December.
03.12.2023 Daily News Egypt
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The investment will facilitate Banknbox’s expansion into new markets, and enhance its capabilities to meet evolving customer needs.
03.12.2023 Daily News Egypt
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The AFDB granted a financial package of $148 million to the Commercial International Bank of Egypt (CIB).
03.12.2023 ecofinagency
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Shawky pointed out that before coronavirus pandemic, Egypt’s foreign currency reserve amounted to about $45 billion.
03.12.2023 Egypt Independent
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Fahmy said that President El Sisi, and Georgieva reviewed the mutual ties between Egypt and the IMF.
03.12.2023 See news
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During November, the dollar recorded successive jumps in black market transactions, reaching 52 pounds due to a sudden increase in demand.
03.12.2023 Egypt Independent
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The AfDB clarified that the instruments and amounts include $10 million Line of credit with a tenor of 10 years.
01.12.2023 Egypt Today
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The UAE has renewed a $1 billion deposit at the Central Bank of Egypt (CBE) for three years to 1 July 2026 instead of 1 July 2023.
01.12.2023 Ahram Online
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The net loan portfolio's value recorded EGP 82.935 billion, a 70% increase compared to the end of 2022.
30.11.2023 Zawya
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