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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CBE's tendency to reduce interest rates created great demand from companies to finance their expansions through debt instruments.
28.02.2021 Daily News Egypt
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Egypt's economy was heavily effected by coronavirus pandemic, which took it's toll on tourism, and worker remittances, yet it avoided contraction.
10.01.2021 Daily News Egypt
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Under a pessimistic scenario, the country’s economy saw an estimated contraction of 2.1% in 2020, to be followed by 7.5% growth in 2021.
03.01.2021 Zawya
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The new exchange aims at shrinking the circle of commodity trading from the source to the consumer, and saving the transportation cost.
27.12.2020 Egypt Today
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The IMF said that Egyptian authorities have managed well the COVID-19 crisis and related disruption to economic activity.
20.12.2020 Ahram Online
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The development is set to comprise six phases, and encompass a total of 110 units, once completed.
24.11.2020 Zawya
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The event held at a critical time for the global economy, with countries around the world ending 2020 with increasing COVID-19 cases.
24.11.2020 MENA FN
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Egypt’s central bank cut its main interest rates by 50 basis points to support an economy badly hit by the coronavirus pandemic.
15.11.2020 GDN online
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The move is part of the finance ministry’s plan to diversify its base of investors who want to invest in governmental financial securities.
08.11.2020 Ahram Online
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Four years have passed since the Central Bank of Egypt (CBE) took a bold decision to liberalise the exchange rate on 3 November 2016.
08.11.2020 MENA FN
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