The agency based its recent decision on the structural reforms taken recently by the Egyptian government to stimulate investment.
13.08.2023
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News by
Egypt independent
One of the primary reasons for Egypt’s economic crisis is the persistent budget deficit.
13.08.2023
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News by
zawya
This follows the increase in minimum operating capital required by the central bank, currently at E£5bn.
13.08.2023
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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
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News by
ahram online
Grinta is a managed marketplace that modernises the pharmaceutical supply chain by empowering independent pharmacies.
10.08.2023
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News by
Disrupt Africa
The MOU will focus on collaboration on talent development for the workers in the Egyptian financial sector,
10.08.2023
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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
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News by
Egypt Independent
Fawry has grown to become Egypt’s largest e-payments platform, valued at more than USD 2bn.
09.08.2023
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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
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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
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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
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News by
See news
Azimut Egypt is considering launching an investment fund for Egyptian expats to attract subscriptions in foreign currency.
08.08.2023
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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
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News by
See News
The interest rate on the platinum certificate with a variable return offered through the NBE is expected to increase from 18.5% to 19.5%.
07.08.2023
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News by
See News
Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.
07.08.2023
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News by
Egypt Today
The rates of the overnight deposit and lending return were raised by 100 basis points, to reach 19.25%, 20.25% and 19.75%, respectively.
06.08.2023
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News by
Egypt Today
The Commercial International Bank (CIB) launched Thursday a one-year USD-denominated certificate of deposits (CDs) with a monthly yield of 6 percent.
06.08.2023
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News by
ahram online
In the January-March 2023 period, the EGX-listed bank posted a 148.96% leap in consolidated net profit.
06.08.2023
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News by
zawya
Metwally added that after the decision, the variable interest rates on deposits will rise directly by one percent.
06.08.2023
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News by
Egypt independent
The European Bank for Reconstruction and Development (EBRD) has invested €27 million in securitized bonds issued in Egypt.
06.08.2023
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News by
ahram online
