Finance News

This marks an increase from the previous month’s surplus of $13.02bn (EGP 626.6bn) in June.
02.09.2024 | News by Daily News Egypt

“This merger proves that massive, world-class tech companies can be built in Africa for Africa,” says Belal El-Megharbel, Co-CEO at Wasoko and MaxAB.
01.09.2024 | News by Egypt Today

Currently, Egypt subsidizes essential commodities for more than half of its population.
01.09.2024 | News by Zawya

All indices reached support levels, with the main index reaching 17,000 points and surpassing its resistance level of 12,000.
01.09.2024 | News by Ahram Online

Arab African International Bank reports its separate financial statements for the first half of 2024 with a net profit of USD 156MM.
01.09.2024 | News by Egypt Today

The meeting also addressed the government’s strategies for maintaining fiscal discipline and ensuring that the debt-to-GDP ratio continues to decline.
01.09.2024 | News by Egypt Today

As Egypt drafts a new law to regulate its finance and business districts, we explore: what does this mean for local entrepreneurs and businesses?
Papers by Egypt Business Directory

This new review involves easing some of the fund’s criteria, and is part of the two reviews the IMF conducts per year before disbursing funds.
29.08.2024 | News by Egypt Independent

Minister of Finance Ahmed Kouchouk has described Britain as key partner to Egypt, saying that it is one of the biggest investors in Egypt.
29.08.2024 | News by Egypt Independent

Egypt’s banking sector remains stable and financial institutions could achieve profitability and have sufficient capital liquidity, IMF said.
28.08.2024 | News by Arab News

Khalil's appointment was announced during a TSFE board of directors meeting headed by Minister Rania Al-Mashat.
28.08.2024 | News by Ahram Online

This came during the release of Entlaq’s Egyptian Entrepreneurship Sector Diagnostics Report for the first half (H1) of 2024. 
28.08.2024 | News by Egypt Today

Ahmed Elsheikh appoints as the Egyptian Stock Exchange's chairman and Heba ElSerafi as the vice chairman for a one-year term, starting 26 August.
27.08.2024 | News by Ahram Online

The bank emphasized that it had previously increased the daily withdrawal limit for domestic currency from ATMs to LE30,000 in April.
27.08.2024 | News by Egypt Independent

Egypt has improved its position by six spots in the 2023 Open Budget Survey, now ranking 63rd among 125 countries.
27.08.2024 | News by Egypt Today

Egypt has exceeded the global average in budget oversight for the first time achieving 54 points.
26.08.2024 | News by Ahram Online

Egypt has improved its position by six spots in the 2023 Open Budget Survey, now ranking 63rd among 125 countries.
26.08.2024 | News by Egypt Today

Menthum, an Egyptian digital savings platform, announced on Sunday the launch of its USD Fixed Income Fund in collaboration with CI Capital.
26.08.2024 | News by Ahram Online

Egypt is emerging as a regional leader in expanding access to financial services. Here’s a look at what’s driving this success.
Papers by Egypt Business Directory

According to the latest Global Startup Ecosystem Report 2024 by Startup Genome, Cairo is one of the top 3 startups hubs in MENA.
23.08.2024 | News by tech round