Some fraudsters have begun exploiting the feature to scam victims out of their money.
04.12.2023
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News by
Egypt Independent
The services sector was the top recipient of foreign direct investments (FDI) in Egypt during the fiscal year (FY) 2022/2023, recording $5.94 billion.
04.12.2023
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News by
Ahram Online
Long-term debt accounted for $136.6bn, whereas short-term debt accounted for $28.1bn.
04.12.2023
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News by
Daily News Egypt
The International Monetary Fund (IMF) is on the verge of advancing with the next steps in Egypt's $3 billion loan programme shortly.
04.12.2023
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News by
Ahram Online
During November, the dollar recorded successive jumps in black market transactions, reaching 52 pounds due to a sudden increase in demand.
03.12.2023
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News by
Egypt Independent
Fahmy said that President El Sisi, and Georgieva reviewed the mutual ties between Egypt and the IMF.
03.12.2023
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News by
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Shawky pointed out that before coronavirus pandemic, Egypt’s foreign currency reserve amounted to about $45 billion.
03.12.2023
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News by
Egypt Independent
The AFDB granted a financial package of $148 million to the Commercial International Bank of Egypt (CIB).
03.12.2023
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News by
ecofinagency
The investment will facilitate Banknbox’s expansion into new markets, and enhance its capabilities to meet evolving customer needs.
03.12.2023
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News by
Daily News Egypt
The Central Bank of Egypt (CBE), acting on behalf of the government, plans to hold 16 T-bills auctions totalling EGP 376bn in December.
03.12.2023
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News by
Daily News Egypt
The UAE has renewed a $1 billion deposit at the Central Bank of Egypt (CBE) for three years to 1 July 2026 instead of 1 July 2023.
01.12.2023
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News by
Ahram Online
The AfDB clarified that the instruments and amounts include $10 million Line of credit with a tenor of 10 years.
01.12.2023
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News by
Egypt Today
Global payment technology company MasterCard signed a memorandum of understanding (MoU) with Egyptian e-commerce platform MaxAB.
30.11.2023
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News by
Ahram Online
EBRD is seeking the acquisition of minority stakes in state-owned financial institutions earmarked for privatization in Egypt.
30.11.2023
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News by
Ahram Online
In terms of supporting small-scale initiatives in North Sinai, Rahmy revealed that MSMEDA invested EGP 240 million in 15,600 projects.
30.11.2023
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News by
Egypt Today
The AfDB loan will help Egypt’s goal of attracting $3 billion in financing by the year’s end to bridge a $17 billion financing gap over 4 years.
30.11.2023
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News by
Egypt Today
The net loan portfolio's value recorded EGP 82.935 billion, a 70% increase compared to the end of 2022.
30.11.2023
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News by
Zawya
The platform aims to provide and make digital systems and services available to banks and financial institutions.
29.11.2023
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News by
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The African Development Bank (AfDB) approved a $131 million loan to Egypt with the aim of bolstering the government’s efforts to boost private sector.
29.11.2023
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News by
Ahram Online
Egyptian President Abdel-Fattah El-Sisi recently decreed the formation of a new board of directors for the Central Bank of Egypt (CBE).
29.11.2023
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News by
Ahram Online
