Finance News

In 2024, Egypt repaid $38.7 billion in external debt, including a substantial $7 billion in the final two months of the year.
Papers by Egypt Business Directory

Since launching the first securitization bond issuance in 2021, the company has continued to expand its financial services package.
26.12.2024 | News by Egypt Independent

HC Securities & Investments expected the CBE to keep the current interest rates unchanged despite recent inflation readings.
26.12.2024 | News by Ahram Online

The Egyptian economy has the ability to face and overcome challenges, the report noted.
25.12.2024 | News by Egypt Independent

Between July and October 2024, remittances increased by 80 percent, from $6.2 billion to $11.2 billion, compared to the same period in 2023.
25.12.2024 | News by Ahram Online

This is in line with the IMF’s fourth review to reach EGP 50.97/$1 for selling and EGP 50.83/$1 for buying.
25.12.2024 | News by Ahram Online

It is designed to help citizens, entrepreneurs, investors, and other segments more effectively navigate and facilitate financial transactions.
25.12.2024 | News by Ahram Online

Egypt recently launched Apple Pay services in the local market and announced that Google Wallet services will be available starting in 2025.
24.12.2024 | News by Ahram Online

The US dollar reached its highest level on Monday against the Egyptian pound since March of this year, reaching EGP 51.14, according to the CBE.
24.12.2024 | News by Ahram Online

This strategic partnership aims to bolster ACC’s ongoing and future projects in Egypt and the GCC region, reinforcing the shared commitment of both.
24.12.2024 | News by Al motawwer

The Central Bank of Egypt (CBE) launched a new service on Monday that allows instant money transfers from anywhere in the world to Egypt.
24.12.2024 | News by Ahram Online

The milestone marks a significant transformation in the country’s digital payments landscape following the recent launch of Apple Pay in Egypt.
24.12.2024 | News by ibs intelligence

Google announced Saturday that it will launch its Google Wallet app in 16 countries, including Egypt, in 2025.
23.12.2024 | News by Ahram Online

Governor of the Central Bank of Egypt Hassan Abdallah emphasized the importance of enhancing the financial stability and resilience of the Arab banks.
23.12.2024 | News by Ahram Online

The EU’s decision follows Egypt’s fulfillment of policy commitments under the ongoing MFA and its efforts to unify its exchange rate.
22.12.2024 | News by SIS

Fitch Solutions has downgraded its forecasts for Egypt’s real GDP growth in the current FY2024/2025, which ends by June 2025, from 4.2 percent to 3.7.
19.12.2024 | News by Ahram Online

Bain & Company, a global consultancy firm, projects that the value of Mergers and Acquisitions (M&A) deals will grow by 15 percent globally in 2024.
18.12.2024 | News by Ahram Online

According to FRA reports, the size of Egypt’s factoring industry in 2023 amounted to LE 44 billion, serving just 605 clients.
17.12.2024 | News by Egypt Today

The funding agreement underscores Germany’s commitment to supporting sustainable growth in Egypt.
17.12.2024 | News by Waya

Visa introduces the Tap to Add Card feature in Egypt, simplifying digital payments and enhancing user convenience.
16.12.2024 | News by Zawya