Finance News

The government will unveil several investment opportunities in key sectors during the joint investment conference between Egypt and the European Union
02.06.2024 | News by Ahram Online

Christmann said Apache upgraded its work mechanisms in Egypt which contributed to increasing oil production by 10 percent to over 150,000 barrels/day.
02.06.2024 | News by Asharq Al-Awsat

The company allocated part of its donations to support and assist 9 non-profit charitable organizations.
02.06.2024 | News by Egypt Today

The fintech sector in Egypt is experiencing rapid growth and transformation, with several significant developments shaping the future of finance.
Papers by Egypt-Business.com

By 2028, real-time payments are predicted to account for more than one-third of payments in the country.
30.05.2024 | News by Egypt Today

As part of the ongoing efforts, the agency has taken further steps to encourage project owners to transition from the informal to the formal sector.
30.05.2024 | News by Egypt Today

Egypt’s Minister of Finance Mohamed Maait said on Tuesday that there will be no increase in income tax rates or brackets.
30.05.2024 | News by Ahram Online

This start-up aims to provide financing solutions for small and medium-sized enterprises (SMEs) using cutting-edge financial technology.
29.05.2024 | News by Daily News Egypt

He pointed out that the subsidy bill next year will increase to LE 636 billion, an increase of 20 percent over the current year.
29.05.2024 | News by Egypt Independent

The report also showed that 82.32% of these new companies were set up in Cairo, Giza, Alexandria, Sharqiya, and Qalubiya.
29.05.2024 | News by Zawya

Asset management firms are required to have a minimum capital of LE 15 million to obtain a license to operate using robo-advisors.
28.05.2024 | News by Egypt Today

The Sunday meeting focused on the progress of the program’s third phase, valued at $100m, and discussed the potential scope of a fourth phase.
27.05.2024 | News by Daily News Egypt

The project is meant to make it easier for citizens, by making real estate tax system services available electronically for the first time.
26.05.2024 | News by Egypt Today

A team of Japanese and Egyptian experts are working together to diagnose the needs of 20 enterprises and provide them with tailored development.
26.05.2024 | News by Ahram Online

Egypt has approved the sale of land plots in eight major cities to 34 foreign companies, with all transactions priced in US dollars.
Papers by Egypt Business Directory

This initiative is expected to create 759 investment opportunities and generate approximately 10,000 job openings.
23.05.2024 | News by Egypt Today

This is amid expectations that it will maintain the current interest rates as inflation rates have started to take a downward path the last 2 months.
23.05.2024 | News by Ahram Online

The acquisition of a minority stake in Kenzi Wealth represents EFG Hermes’ significant commitment to driving innovation in the fintech sector.
22.05.2024 | News by Wamda

The loan is part of a potentially larger financing programme that could be implemented in multiple stages.
22.05.2024 | News by Ahram Online

The Egypt-based VC firm Glint has completed the first close of its second venture fund, which will invest in early-stage startups, at US$3 million.
22.05.2024 | News by Disrupt Africa