Finance News

The Central Bank of Egypt (CBE) auctioned €600 million ($656.29 million) worth of treasury bills on Monday, according to the bank's website.
15.08.2023 | News by ahram online

The public treasury contributes about 44.6% of the amount to finance projects in the fields of agriculture, education, sanitation, drinking water, etc
14.08.2023 | News by Egypt Today

Egypt has secured $2.1 billion in concessional financing to the private sector from international partners since the start of 2023.
14.08.2023 | News by ahram online

The IMF’s first review was originally scheduled for March, but failed to take place.
14.08.2023 | News by Egypt independent

Egypt has lowered its estimates for the debt-to-GDP ratio to 95.6 percent for the fiscal year 2022/2023, down from 97 percent.
13.08.2023 | News by ahram online

The Africa50 Fund aims to invest in infrastructure, focusing on sectors such as energy, transportation, information and communication and technology.
13.08.2023 | News by Egypt Today

The agency based its recent decision on the structural reforms taken recently by the Egyptian government to stimulate investment.
13.08.2023 | News by Egypt independent

One of the primary reasons for Egypt’s economic crisis is the persistent budget deficit.
13.08.2023 | News by zawya

This follows the increase in minimum operating capital required by the central bank, currently at E£5bn.
13.08.2023 | News by african business

Egypt's annual core inflation rate recorded 40.7 percent in July 2023, a slight decrease from 41 percent in June.
13.08.2023 | News by ahram online

The private Wealth market in Egypt is anticipated to experience substantial expansion. By 2030, its estimated value is approximately $731 billion.
Whitepaper by Egypt-Business.com

Grinta is a managed marketplace that modernises the pharmaceutical supply chain by empowering independent pharmacies.
10.08.2023 | News by Disrupt Africa

The MOU will focus on collaboration on talent development for the workers in the Egyptian financial sector,
10.08.2023 | News by Ahram Online

In order to obtain the offer, the buyer should use the credit cards of the National Bank of Egypt to pay the first installment of the third month.
09.08.2023 | News by Egypt Independent

Fawry has grown to become Egypt’s largest e-payments platform, valued at more than USD 2bn.
09.08.2023 | News by weetracker

The tech savviness of consumers in the Middle East, especially in the UAE, is a large reason the fintech industry has continued to grow.
09.08.2023 | News by the fintech times

He emphasised the significant technological advances made by both the Ministry of Finance and the Egyptian Tax Authority.
09.08.2023 | News by Egypt Today

Cairo ranked 5th in the Arab world, and the 2nd richest in Africa. With 7,400+ millionaires, 5 billionaires, and 27 people with wealth over $100mln.
08.08.2023 | News by See news

Azimut Egypt is considering launching an investment fund for Egyptian expats to attract subscriptions in foreign currency.
08.08.2023 | News by Ahram Online

The bonds due in February 2026 increased about 0.9 cents on the dollar to 53.4, snapping its biggest gain since July 14.
07.08.2023 | News by See News