Financial-Services News

Egypt’s real GDP growth is expected to moderate to 3% in 2023 with a higher inflation anticipated Fitch Solutions said in its MENA Monthly Outlook.
07.02.2023 | News by Ahram Online

The issuance will be completed during the current month, to make new expansions for the company during the first half of this year.
07.02.2023 | News by Daily News Egypt

International Business Associates Group for Money Transfer Services, S.A.E. (IBAG) recorded a total of US$1.65 billion worth of transfers in 2022.
07.02.2023 | News by Zawya

At the end of last year, the state adopted the “State Ownership Policy Document” to allow more room for private sector participation in economy.
05.02.2023 | News by Daily News Egypt

With its recent funding, Wafeq will continue to innovate and build new product functionalities, while also focusing on customer acquisition.
27.01.2023 | News by SME10X

At the start of the year, the government envisioned as many as 10 state-owned companies selling shares on the bourse in 2022.
03.01.2023 | News by Enterprise

Egypt signed a number of partnership agreements and letters of intent (LOI) worth around EGP 10 billion with development partners last week.
20.11.2022 | News by Ahram Online

The lead sponsors of the conference are Mashreq Bank and Standard Chartered. The co-sponsor is Citibank.
17.11.2022 | News by Business Today

The report lowered its expectations for the country’s inflation rate by 0.2 percent to 13 percent through the end of 2022, down from 13.2 percent.
16.11.2022 | News by Ahram Online

Ezz stressed the importance of supporting this sector due to the growing opportunities worldwide and in Egypt.
06.11.2022 | News by Egypt Independent

The summit is expected to host a selection of international, regional, and local experts in their respective fields.
26.09.2022 | News by Daily News Egypt

The Sovereign Fund of Egypt (TSFE) implemented or signed binding deals to execute 10 projects worth EGP 25.5 billion in 2021.
18.09.2022 | News by Ahram Online

88% of consumers in Egypt have used at least one emerging payment method in the last year, with usage expected to further increase.
Papers by Egypt Business Directory

Remittances sent by Egyptian expats went up 2.1 percent year on year in the first 11 months of the past 2021/2022 fiscal year.
31.07.2022 | News by Ahram Online

Fitch Solutions upgraded its projections for Egypt’s real GDP growth slightly to 6.1 percent during 2022, up from the 6% projected a month ago.
17.07.2022 | News by Ahram Online

Another EGP400 billion will go for improving conditions of public employees including wages and compensations.
10.07.2022 | News by Ahram Online

The funding was over the last 8 years. Over 1,000 exhibitions were organised where sales, contracts exceeded EGP 500m: Trade Minister.
26.06.2022 | News by Daily News Egypt

She also said the economy would grow around 6% in the 2021-22 fiscal year, which ends in June.
24.05.2022 | News by Devdiscourse

The projects are under the portfolio of the Ministry of International Cooperation, with a total cost that reaches close to $12 billion.
Papers by Egypt Business Directory

The European Bank for Reconstruction and Development (EBRD) raised its projections for Egypt’s GDP growth for the current FY2021/22 to 5.7 percent.
11.05.2022 | News by Ahram Online