Finance News

Money Fellows classifies its users as borrowers, savers or planners depending on their position in a ROSCA cycle and when they receive a payout.
01.11.2022 | News by Tech Crunch

The main features of the initiative are tax exemption for five years, and offering lands for investors in the leasing system.
30.10.2022 | News by Egypt Today

Hany Genena, an economist and lecturer at the American University in Cairo, said that the financing gap in Egypt is about $25bn, according to the CBE.
30.10.2022 | News by Daily News Egypt

Through this license, investors will be able to get their projects going without a lot of paperwork and approvals from different government bodies.
Papers by Egypt Business Directory

Bloomberg Economics estimates the pound needs to weaken to EGP 24.6 per USD 1 “to bring Egypt’s trade deficit to a reasonable level.”
27.10.2022 | News by Egyptian Streets

Egypt has reached a 46-month staff-level agreement with the International Monetary Fund under the Extended Fund Facility with a loan worth $3bn.
27.10.2022 | News by Ahram Online

It is expected that the average inflation will reach 15.2 percent during the second half of this year.
23.10.2022 | News by Egypt Independent

Egypt-based One Finance has launched Buy Now, Pay Later in the country with an issued and paid capital worth USD 5 million.
18.10.2022 | News by The Paypers

Egypt's private consumption accounts for nearly 85% of its nominal GDP, and only 4% of its overall GDP is cashless.
18.10.2022 | News by Tech Crunch

Egypt's debt represents 80 percent of the country’s gross domestic product, which is a low percentage compared to the global level.
16.10.2022 | News by Arab News

The value of Egyptian exports increased by 2.2% year-on-year (YoY) to $3.13 billion in July 2022 from $3.07 billion.
16.10.2022 | News by Zawya

The yield of golden certificates (three-year term starting from $500) will reach 5.30% annually, 5.25% biannually, 5.20% quarterly or 5.15% monthly.
09.10.2022 | News by Ahram Online

Banks spotted manipulation practices from some companies and individuals using their cards to withdraw foreign exchange abroad.
09.10.2022 | News by Daily News Egypt

The EBRD’s volume of investments in Egypt – a founding member of the bank – stands at nearly one billion Euros annually.
02.10.2022 | News by Ahram Online

The 'Finance Day' will be held amid the activities of COP27, slated to be held in the Red Sea resort city on November 6-18.
02.10.2022 | News by Egypt Today

Egypt will hold an economic conference between 23 and 25 October to discuss the problems facing investors and solutions to them.
Papers by Egypt Business Directory

CBE recently decided to keep interest rates unchanged and raise the Reserve Requirement (RR) ratio for the first time in five years.
28.09.2022 | News by Ahram Online

President Abdel Fattah El-Sisi affirmed that the state is keen to remove all obstacles facing investors.
28.09.2022 | News by Egypt Today

The nation's bill for wheat and oil soaring and with it the need for dollars, and crushed tourism from two of its largest markets - Ukraine and Russia
28.09.2022 | News by Reuters

The summit is expected to host a selection of international, regional, and local experts in their respective fields.
26.09.2022 | News by Daily News Egypt