Finance News

The protocol supports the transition to a digital economy to strengthen the competitive capabilities of both stock markets.
13.08.2024 | News by Ahram Online

TCI Sanmar is one of the largest Indian investments operating in the Egyptian market, with an investment volume of dlrs 1.5 billion.
13.08.2024 | News by SIS

According to the CBE’s laws, banks are currently required to open accounts for foreign customers who are not residents of Egypt if they requested.
13.08.2024 | News by Egyptian Streets

BMI, a research firm associated with Fitch Solutions, forecasts a depreciation of the Egyptian pound against the US dollar.
13.08.2024 | News by Ahram Online

Egypt’s S&P global Purchasing Managers’ Index (PMI) has been tiptoeing around the 50 mark for the past few months with July recording 49.7.
13.08.2024 | News by Ahram Online

CBE directed banks in Egypt to open accounts for foreign clients who are not residents of Egypt, allowing them to benefit from the various services.
12.08.2024 | News by Ahram Online

The new regulated market represents a milestone in Egypt’s environmental and financial sectors.
12.08.2024 | News by Egypt Today

The region experienced a variety of funding rounds across diverse sectors, alongside the graduation of accelerator programs.
11.08.2024 | News by Arab News

Month-on-month prices fell by 0.4%, slowing from a 1.6% rise in June. Food prices eased by 0.3% in July.
11.08.2024 | News by Reuters

The country’s annual urban consumer price inflation slid to 25.7 percent in July from 26.5 percent in June.
11.08.2024 | News by economy middle east

Egypt has emerged as one of Africa's top investment destinations, ranking third in a recent report by Rand Merchant Bank (RMB).
Papers by Egypt-Business.com

Egypt is set to open a Saudi investment office at the headquarters of the General Authority for Free Zones and Investment (GAFI) in Cairo this August.
08.08.2024 | News by Ahram Online

Egypt-based VC-incubator T-Vencubator has launched its inaugural initiative "Where's the Problem?" to back the Egyptian ecosystem.
08.08.2024 | News by Wamda

The Egyptian pound was set at 30.85 to the dollar at the official rate but traded as low as 74 on the black market.
08.08.2024 | News by Reuters

Minister of Finance Ahmed Kouchouk announced in a press conference on Tuesday key indices and the financial performance FY2023/2024.
07.08.2024 | News by Ahram Online

Egypt-based fintech Qardy has raised a USD seven-figure pre-Seed round, invested by White Field Ventures, Vastly Valuable Ventures, along with others.
07.08.2024 | News by Wamda

NFAs slid to 626.6 billion Egyptian pounds in June from 676.4 billion pounds as of end-May.
07.08.2024 | News by Reuters

EBRD and GCF boost small businesses and green investments in Egypt, with a US$ 20 million loan to Crédit Agricole Egypt.
07.08.2024 | News by EBRD

The newly introduced platform aims to facilitate real-time monitoring and in-depth analysis of various credit products.
07.08.2024 | News by Egypt Today

Egypt’s Purchasing Managers’ Index (PMI) hit its highest level in three years in June at 49.9, up from 49.6 in May, according to an S&P Global.
06.08.2024 | News by Ahram Online