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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Remittances are highly complementary to government cash transfers and essential to households during times of need.
18.06.2023 Egypt Independent
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CBE has extended credit regulatory facilities approved for Small and Medium Enterprises (SMEs) to the end of June 2024.
15.06.2023 Ahram Online
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The investment file is Egypt’s top priority during this stage, affirmed Prime Minister Moustafa Madbouly.
15.06.2023 Egypt Independent
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Egyptian bank assets increased by 14 percent to nearly EGP 13 trillion ($420.71 billion) during the first three months of 2023.
15.06.2023 Ahram Online
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Net profits fell 8.9% to $4.9 billion, and total assets declined 23.3%, from $142 billion at the end of 2021 to $109.2 billion at the end of 2022.
15.06.2023 See news
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China has the highest economic growth rate and expansion around the world, Egyptian economist Ahmed Khattab, said.
14.06.2023 Egypt Independent
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Both banks and companies participating in the initiative offered EGP 59.43bn to about 509,000 customers.
14.06.2023 Daily News Egypt
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Partnership with SAP will see popular Egyptian brand leverage cloud solutions at escalated pace, while also co-innovating on new FMCG solutions.
13.06.2023 Zawya
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Egypt's inflation started to rise again in May, with experts ascribing the increase to the dollar crisis and its impact on imports.
13.06.2023 Ahram Online
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Nothing of the sort has been implemented but there are discussions so that we can trade in local currencies of countries like India, Russia or China.
13.06.2023 Reuters
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