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 price of the U.S. dollar in Egypt has risen by at least five pounds, surpassing LE47 according to the Masrawy website and reaching LE48 as per the Al-Sarf Al-Youm website.
09.11.2023 egyptindependent.com
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Inflation had been accelerating steadily since June, when it reached a record high of 35.7%. The previous high of 32.95% was in July 2017.
08.11.2023 Reuters
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China agrees to invest $15.6B in 11 projects with the Suez Canal Economic Zone (SCZONE), as a result of a promotional tour led by the SCZONE Chairman.
07.11.2023 EgyptToday
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Companies must adhere to Islamic Sharia law in their operations, accounting, and finances to be listed in the index.
07.11.2023 EgyptToday
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Egypt's Minister of Finance Mohamed Maait announced that draft legislation amending the income tax law will be presented for community dialogue soon.
07.11.2023 Ahram Online
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Egypt is slated to secure a total of $5.5 billion in loans from diverse international partners and institutions.
06.11.2023 Ahram Online
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The $130 million securitisation was done through local investment bank CI Capital.
05.11.2023 nasdaq
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Egypt's Minister of Planning and Economic Development Hala El-Said chaired the first meeting of the new formation of the Sovereign Fund of Egypt.
02.11.2023 Ahram Online
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Monetary Policy Committee (MPC) is scheduled to hold its penultimate meeting for 2023 on Thursday to review key interest rates.
02.11.2023 Ahram Online
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The fund will finance the projects agreed upon at the BRI summit and the nine programs from the Africa-China Cooperation forum in 2021.
01.11.2023 EgyptToday
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