Finance News

Egypt is set to represent Africa at the eighth annual meetings of the Asian Infrastructure Investment Bank (AIIB)
22.08.2023 | News by Ahram Online

The Egyptian Cabinet has approved permitting the IFC, to issue Egyptian pound bonds in international markets.
21.08.2023 | News by Ahram Online

Abdalla succeeded the former governor Tarek Amer, who resigned from the position a year before the end of his term.
21.08.2023 | News by Egypt Today

The Egyptian government has increased allocations to special funds and accounts in governorates, except for Cairo, by 32 percent for the FY23/24.
21.08.2023 | News by Ahram Online

These discussions reflected the Kingdom’s commitment to fostering international partnerships in the realm of digital transformation.
21.08.2023 | News by Arab News

The bank’s financial statements revealed an increase in net income from return in local currency by 58%.
21.08.2023 | News by Zawya

The Egyptian Parliament finally approved in June the draft state general budget and the social and economic development plan for the fiscal year 23/24
21.08.2023 | News by Egypt Today

The Egyptian state-owned company E-Finance For Digital and Financial Investments is studying launching a digital bank.
20.08.2023 | News by Ahram Online

Egypt has a well-established insurance industry, with both life and general insurance companies operating in the country.
Survey by Egypt Business Directory

The periodicity of disbursing the return on this type of certificate is quarterly, the minimum purchase period and duration is 3 years.
17.08.2023 | News by Egypt independent

The IDSC also said the net direct foreign investment witnessed a tangible increase in Egypt in 2022.
17.08.2023 | News by Egypt Today

The president reiterated that Egypt was exposed to two back-to-back crises triggered by the coronavirus and the Russian-Ukrainian war.
17.08.2023 | News by ahram online

This maximizes opportunities for expansion of productive and export activities in light of the exceptional circumstances of the global economy.
16.08.2023 | News by Egypt Today

The standalone financial indicators of Al Baraka Bank during the first half of 2023 showed that a rate of return on average assets was achieved by 2.2
16.08.2023 | News by zawya

This will enhance the capabilities of current and future generations of all Egyptians and build a growing and diversified economic and investment base
15.08.2023 | News by zawya

Expatriates between 18-59 years old will be able to purchase a pension plan in dollars.
15.08.2023 | News by Egypt independent

Fawry, Egypt's leading e-payment solutions provider, announced a plan to turn its online payment portal myFawry into a digital bank in 2023.
15.08.2023 | News by ahram online

The sudden 100 basis point hike, raising the rates to 19.25 percent, took the majority of analysts, including Capital Economics, by surprise.
15.08.2023 | News by Egypt Today

The TSFE aims to increase and develop the size and scope of investments in Egypt, with a focus on priority sectors for the development and growth.
15.08.2023 | News by Egypt independent

Egypt's General Authority for Investment and Free Zones (GAFI) is planning to promote its new online platform for establishing companies in Egypt.
15.08.2023 | News by ahram online