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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Prime Minister Mostafa Madbouly issued a decree stipulating that The Sovereign Fund of Egypt (TSFE) be affiliated with the Ministry of Investment.
28.10.2024 Ahram Online
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United Bank made a net profit of 1.74 billion Egyptian pounds in the financial year to end June on assets of 106 billion Egyptian pounds.
27.10.2024 Reuters
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The increase in channel partners means it now appears to have 17 consulting partners in Egypt and two global GSIs operating in the region.
27.10.2024 Enterprise
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This is due to geopolitical tensions and challenges facing the Egyptian economy before the start of the economic reform program in March.
27.10.2024 SIS
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Raising the yields on US dollar-denominated certificates and other deposits by Banque Misr does not indicate an expected devaluation of currency.
27.10.2024 Ahram Online
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Egyptian micromobility startup Rabbit Mobility has raised a US$1.3 million funding round to fuel its expansion across Egypt and other North Africa.
27.10.2024 Disrupt Africa
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Egypt to start reevaluating the timing of economic reforms with The International Monetary Fund, Prime Minister Mostafa Madbouly announced.
24.10.2024 Ahram Online
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The House of Representatives has approved Egypt's contribution to the capital increase of the International Finance Corporation (IFC) through a stake.
23.10.2024 Ahram Online
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The IFC invested over $9 billion in Egypt, with an active portfolio of $2.3 billion spread across various sectors, including trade finance and health.
23.10.2024 Egypt Today
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Egypt's portfolio flows have been net positive in recent months, with significant inflows into local currency bonds despite the ongoing debt challenge
23.10.2024 Ahram Online
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