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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Headline inflation accelerated to nearly 19%, while core inflation, which excludes food and regulated items, surpassed 21% in the most recent reading.
31.12.2022 Capital
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The bank does not plan issuing higher savings certificates in the present time.
27.12.2022 Egypt Independent
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The CBE announced that it would begin a process of phasing out letters of credit system for import finance by the end of December.
30.12.2022 Ahram Online
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The tie-up aimed at enabling TicketsMarche’s customers to finance and pay for their ticket purchases through valU and PayTabs Egypt.
30.12.2022 Electronic Payments International
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Egypt’s National Wages Council (NWC) has set the minimum wage for private sector workers at EGP 2,700 ($109) per month, up from the previous EGP 2,400
30.12.2022 Ahram Online
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Mahaseel Masr is a smart digital platform that provides a wide range of digital tools to facilitate transactions online reliably and securely.
30.12.2022 Disrupt Africa
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The bank estimates to achieve a net income of EGP 4.032 billion in 2023.
30.12.2022 Zawya
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As part of this partnership, “Fawry” provides Classera customers with all technology solutions and integrated digital payment services.
29.12.2022 Tech In Africa
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In alignment with EBI's strategy for developing the human capital in the Egyptian banking ecosystem.
28.12.2022 Zawya
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The bank had observed "illegal practices related to the foreign exchange market" and illegal attempts to make quick profits, its statement said.
27.12.2022 Reuters
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