Egypt-based fintech Masroofi, has closed a $1.5 million investment round from undisclosed investors.
06.07.2023
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News by
Wamda
Egypt’s Purchasing Managers Index (PMI) for the non-oil private sector rose in June to 49.1, up from 47.8 in May.
06.07.2023
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News by
Ahram Online
Egypt's sovereign US-dollar-denominated bonds experienced a slight increase in their returns on international markets, rising by over 1 cent.
06.07.2023
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News by
Ahram Online
The Islamic Cooperation for the Development of the Private Sector is collaborating with Banque Misr, Al Baraka Bank Egypt, and Faisal Islamic Bank.
06.07.2023
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News by
Zawya
More than 65,000 tax disputes, spanning seven years, have been settled away from court, said Finance Minister Mohamed Maait.
05.07.2023
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News by
Ahram Online
The collaboration is a significant step in achieving Estafsar’s goal of increasing insurance penetration levels in Egypt above its current level.
05.07.2023
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News by
ibs intelligence
Speculations have gone viral about the possibility of Egypt devaluing its own currency.
05.07.2023
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News by
Egypt Independent
The Central Bank of Egypt (CBE) auctioned EGP 40 billion ($1.3 billion) in treasury bills (T-bills) in two maturities on Tuesday.
05.07.2023
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News by
Ahram Online
To curb inflation, which hit record levels, reaching about 40.3% last May, the Central Bank of Egypt raised the interest rate by 10%.
04.07.2023
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News by
Daily News Egypt
Withdrawals reached their climax on Sunday, June 25, with more than 1.6 million withdrawals at an amount of EGP 4.22 billion pounds in one day.
04.07.2023
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News by
See news
The Gulf Cooperation Council markets accounted for 21% of global subscriptions in 2022, compared to only 2% in 2021.
04.07.2023
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News by
Daily News Egypt
Egyptian businessman Naguib Sawiris turned heads after a tweet he posted regarding the solution he sees for the losses of companies.
03.07.2023
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News by
Egypt Independent
Egypt's new budget for FY 2023/24 takes effect on 1 July, with higher revenues and expenditures forecasted by the government.
02.07.2023
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News by
Ahram Online
Also stationed in Cairo, financial service Paymob was founded in 2015 and has 40 payment methods available for businesses to choose from.
02.07.2023
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News by
healthcare digital
When Egypt agreed a $3bn, 46-month financial support package with the IMF back in December, it vowed to adopt a flexible exchange rate regime.
02.07.2023
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News by
the africa report
Egypt is allocating EGP 202 billion ($6.54 billion) of its budget for the fiscal year 2023/24 to pensions, a six percent increase compared to 22/23.
29.06.2023
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News by
Ahram Online
The minister added that the Treasury and Mint Authority witnessed during the past few years an unprecedented boom in the field of "digitization".
29.06.2023
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News by
See news
Inflation remains a major concern for Egyptians and will lead to a sharp rise in borrowing costs, warned Fitch Solutions, one of the Fitch Ratings com
28.06.2023
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News by
Egypt Independent
For the bank’s Head of the SMEs and Microfinance Sector Amr Demerdash, the agreement is part of Banque Misr’s strategy to support projects.
28.06.2023
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News by
North Africa Post
The parliamentary report confirmed that the state’s plan aims to stimulate commodity exports to exceed $58 billion in 2024/23.
28.06.2023
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News by
Egypt Today
