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 government aims to achieve a GDP of EGP 11.84 trillion and attract $11 billion in FDI during the fiscal year 2024/2023.
24.11.2023 Egypt Today
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Islamic banking witnessed a significant increase of 27 percent year-on-year in September, compared to September 2022’s LE 120 billion.
23.11.2023 Egypt Today
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The operating environment score is in line with the sovereign rating as operating conditions for banks are highly correlated with the sovereign profil
23.11.2023 Fitch ratings
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The number of InstaPay users has now reached 6.2 million customers he said, who have made 300 million transactions.
23.11.2023 Egypt Independent
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The European Investment Bank (EIB) has inaugurated a new regional hub in Cairo to foster cooperation in Middle Eastern and North African (MENA).
22.11.2023 Ahram Online
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Maait also emphasized Egypt’s successful issuances of various bonds - foreign-currency-denominated and green.
22.11.2023 Egypt Today
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Non-banking financial sector has vital role in the local economy, with the government implementing various reforms to support the sector.
22.11.2023 Egypt Today
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In 2022, the CBE launched its financial inclusion strategy for 2022-2025 to promote financial inclusion in the country.
22.11.2023 Egypt Today
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Egypt and Saudi Arabia are considering the use of local currencies in trade exchange, said Yehia El-Watheq Bellah.
21.11.2023 Ahram Online
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The CBE's efforts in electronic payments have resulted in the issuance of 62 million electronic payment cards.
21.11.2023 Egypt Today
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