Finance News

Octane, the leading fleet management and digital fuel payments startup, facilitated EGP 1 billion in fuel sales in the first year of operations.
22.01.2024 | News by Ahram Online

Egypt’s Ministry of Finance stressed that the latest decision of global rating agency Moody's that fixed the country’s sovereign’s credit at Caa1.
21.01.2024 | News by Ahram Online

CBDCs, a form of digital currency issued by a country’s central bank, differ from cryptocurrencies in that their value is pegged to the country’s fiat
21.01.2024 | News by Innovation Village

To fortify its economy over the next presidential term, Egypt has rolled out an extensive eight-directional economic strategy spanning 2024-2030.
21.01.2024 | News by Ahram Online

Egypt's Prime Minister Mostafa Madbouly has ordered the release of a new economic plan for the country's next six years.
21.01.2024 | News by Egypt Today

The cabinet’s Information and Decision Support Centre (IDSC) launched the first national dialogue session on the eight-direction document.
18.01.2024 | News by Ahram Online

This launch provides gamers in Egypt to easily purchase PUBG MOBILE UC (unknown cash) through the official PUBG shop ‘Midasbuy’.
18.01.2024 | News by Fintech Futures

Al Baraka Bank Egypt and EG Bank announced new restrictions on foreign currency transactions on Tuesday through their respective websites.
17.01.2024 | News by Egypt Today

Foreign companies can now retain their capital increase deposit in foreign currency, rather than having it converted to Egyptian pound by the bank.
17.01.2024 | News by Ahram Online

Zeal, an Egyptian fintech startup, has raised $4 million in funding to expand its technology throughout Europe, the Middle East, and Africa
17.01.2024 | News by tech point

Africa Finance Corporation (AFC) and International Islamic Trade Finance Corporation (ITFC) are set to extend a $250 million Sharia-compliant loan.
17.01.2024 | News by Ahram Online

Will include green, blue, social, and sustainable bonds to support Egypt’s Vision 2030.
16.01.2024 | News by economy middle east

The USD has approached a new high of EGP 57 in the parallel market in Egypt, while gold prices started the week with EGP 100 jumps in the gram price.
15.01.2024 | News by Ahram Online

Egypt's Initial Public Offering (IPO) programme, which commenced in February 2023, has attracted $3.5 billion in investments so far.
15.01.2024 | News by Ahram Online

Short-term external debt includes government obligations that are scheduled to be paid off within a year or less.
15.01.2024 | News by Ahram Online

The Egyptian government is preparing to introduce a social protection package that encompasses various improvements, including wage and pension.
14.01.2024 | News by Ahram Online

Egypt's Nasser Social Bank (NSB) has launched new certificates of deposit (CDs) that offer an annual yield of up to 20 percent.
14.01.2024 | News by Ahram Online

As of December 29th, Egypt held a weight of 0.61% in the Global Diversified Index, as disclosed by JPMorgan.
14.01.2024 | News by African markets

Recorded 33.7 percent in December, down from 34.6 percent in November.
14.01.2024 | News by economy middle east

Since 2022, Egyptian banks have been grappling with the challenge of preserving foreign currency resources amid a server shortage.
Papers by Egypt Business Directory