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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In February 2024, the monthly minimum wage was raised by 50% to 6,000 pounds. At that time, the equivalent value was $19.
27.02.2025 Reuters
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The government has been trying expedite the programme, seeking to sell stakes in at least 10 companies in 2025.
27.02.2025 Reuters
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Egypt’s fintech sector has skyrocketed by a staggering 5.5-fold increase over the past five years, now boasting an impressive 177 startups.
27.02.2025 Ahram Online
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By the end of 2024, this equated to approximately 52 million Egyptians managing their finances through banks, Egypt Post, wallet or prepaid cards.
26.02.2025 Ahram Online
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These deals not only signal a rise in Chinese investment, but also mark China's approval to share advanced technologies with Egypt.
26.02.2025 China Daily
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Naguib Sawiris offers insights into his political and investment strategies, including a high-profile meeting with North Korea’s leader.
25.02.2025 Egypt Independent
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The Housing and Development Bank of Egypt sees a remarkable 83.1% profit increase, hitting $217 mil in 2024. A strong indicator of financial growth.
25.02.2025 Zawya
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Housing and Development Bank (HDB) reports an 83.1% surge in net profits, reaching EGP 11 billion in 2024—a strong indicator of financial stability.
24.02.2025 Daily News Egypt
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BNP Paribas forecasts robust economic growth in Egypt, reflecting confidence in the country’s financial and business prospects.
24.02.2025 Egypt Today
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FRA-regulated entities in Egypt provided a total of EGP 911.5 billion in financing in 2024, fueling economic growth and investment.
24.02.2025 Daily News Egypt
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