Egypt aims to achieve a primary surplus of EGP591.4 billion, or 3.5 percent of GDP, in the next fiscal year 2024-2025.
29.04.2024
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News by
Asharq Al-Awsat
Egyptian fintech startup Waffarha has secured a seven-figure seed round from Value Makers Studio to expand its footprint.
29.04.2024
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News by
Arab News
More than 70% of Egypt’s young and fast-growing population of over 100 million is financially underserved, despite mobile penetration exceeding 90%.
29.04.2024
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News by
Tech Crunch
The IMF supports Egypt in its structural reform measures aimed at improving the Egyptian economy, praising the positive impact of the steps taken.
29.04.2024
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News by
SIS
The matrix provides a measure of progress made at the country level by member institutions to develop a sustainable finance framework.
29.04.2024
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News by
Ahram Online
The fourth through eighth and final reviews are scheduled to be completed every six months, allowing the country to receive around $1.3 bn each time.
28.04.2024
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News by
Ahram Online
More than 100 businesses and entrepreneurs have benefited from the financial, tax, administrative, and technological advice offered by top consulting.
28.04.2024
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News by
tvbrics
The safety and reliability of banks are of paramount importance to both consumers and investors, especially in a climate of shifting dynamics.
Papers by
Egypt Business Directory
The US dollar exchange rate declined against the Egyptian pound at major banks on Wednesday, reaching EGP 47.8 down from EGP 48 recorded on Sunday.
25.04.2024
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News by
Ahram Online
El-Sisi has also directed the government to improve its ability to intervene during a commodity shortage crisis to ensure price stability.
25.04.2024
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News by
Ahram Online
bluworks, an Egypt-based startup developing blue-collar HRTech SaaS solutions, has raised a $1 million pre-Seed investment round.
24.04.2024
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News by
Wamda
With this funding, Waffarha aims to bolster its technological infrastructure, expand its team and broaden its reach into KSA.
24.04.2024
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News by
Cairo Scene
The joint financing forum will provide a space for participants to discuss joint financing opportunities, the best practices, and common issues.
23.04.2024
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News by
Egypt Independent
Speaking at a press conference, El-Said detailed Egypt’s ambitious target of $1.5 billion from its public offering program by the end of 2024.
23.04.2024
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News by
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Egypt’s economy has been struggling for years with inflation. In January 2022, one USD cost EGP 15.7, and one year later, it cost EGP 29.8.
23.04.2024
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News by
Egyptian Streets
Data published on the website of the Central Bank of Egypt (CBE) showed that the deficit in the bank’s net foreign assets fell in March.
23.04.2024
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