Finance News
-
Egypt Budget 2024/25: 8 key facts you need to know
Egypt's budgetary measures reflect a delicate balance between economic growth, fiscal discipline, and social welfare priorities.
-
A new economic era: IMF loan and new exchange rate explained
CBE has taken significant steps towards allowing the exchange rate to be determined by market mechanisms.
-
7 Key facts about microfinance empowerment in Egypt (Women in the lead)
Discover how microfinance is transforming Egypt's entrepreneurial landscape, with women leading the charge.
-
6 Insights into CBE's new rules for overseas credit card usage
Due to Egypt's foreign currency challenges and the need for stricter financial oversight, CBE implemented new rules for using credit cards abroad.
-
Top 20 banks in Egypt
Egypt's banking sector remains dynamic amidst evolving economic landscapes, demonstrating resilience and agility in the face of challenges.
-
Egypt ends state enterprise tax privileges: What does this mean?
Egypt's decision to end tax and fee exemptions for state enterprises reflects a commitment to economic reform and leveling private and public sectors.
-
The impact of reduced foreign currency credit card limits
Since 2022, Egyptian banks have been grappling with the challenge of preserving foreign currency resources amid a server shortage.
-
10 things you need to know about 'frozen dollars' in Egypt
These frozen dollars are being sold at a jaw-dropping 50% below the parallel market rate, raising questions about their authenticity and legality.
-
Top 10 private equity companies in Egypt
Egyptian private equity firms and investors focus on injecting capital into local businesses, providing them with the resources needed to grow.
-
Understanding debt restructuring: The case of Egypt
This article delves into why Egypt might consider this financial strategy, the implications for its economy, and the role of the IMF.
-
Egypt's digital pound: 10 key facts you should know
As Egypt explores the possibility of introducing its digital pound, here are 10 essential facts that readers need to know about this.
-
Top 10 leasing companies in Egypt
Leasing instead of buying assets can offer several advantages for a company, mainly regarding financial flexibility.
-
Egypt’s investment climate: A golden era for business expansion
Learn why Egypt might be the next prime destination for businesses eyeing expansion in North Africa and the Middle East.
-
10 things you need to know about Egypt-UAE currency Swap
Egypt and UAE signed on Thursday an agreement for currency exchange, but what does that mean? Here are 10 facts about the agreement.
-
Egypt’s central bank holds interest rates steady amidst inflation concerns
The central bank's pause on interest rate changes signals a cautious approach to addressing the country's economic challenges.
-
Top 10 fintechs from Egypt
Egypt has a growing fintech industry that is focused on promoting financial inclusion and making banking services available for all Egyptians.
-
Top 10 Egyptian insurance companies
Egypt has a well-established insurance industry, with both life and general insurance companies operating in the country.
-
Egypt Wealth Report 2023: The path to prosperity
The private Wealth market in Egypt is anticipated to experience substantial expansion. By 2030, its estimated value is approximately $731 billion.
-
Egypt state is looking to divest in 250 companies
The move is part of the privatization program which is one of the requirements of the IMF under the loan agreement.
-
When is Egypt expected to devaluate its currency again?
Currently, the official dollar exchange rate is at around 30 Egyptian pounds, while on the black market, it trades for as high as 38-40 EGP.