The finance industry includes numerous sectors. Banking provides services ranging from account management to investments. Private Equity and Venture Capital invest in established companies and startups, respectively. Financial Services offer planning and advice, while Real Estate Finance covers services related to property, such as mortgages. Fintech utilizes technology to offer financial services.
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Egypt’s economy has been struggling for years with inflation. In January 2022, one USD cost EGP 15.7, and one year later, it cost EGP 29.8.
23.04.2024 Egyptian Streets
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Minister Al-Mashat also highlighted a debt swap agreement worth $100 million signed with China in October 2023.
23.04.2024 Egypt Today
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Data published on the website of the Central Bank of Egypt (CBE) showed that the deficit in the bank’s net foreign assets fell in March.
23.04.2024 See news
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Finance Minister Mohamed Maait said that the government was looking to raise some USD 6.5 bn as recently as February.
22.04.2024 Enterprise
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Scheduled for 30 April, in Cairo, the event aims to delve into investment prospects and feasibility of establishing companies in Egypt, UAE and KSA.
22.04.2024 Ahram Online
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The partnership aims to establish and manage a $30 million fund dedicated to supporting the growth of fast-growing startups.
21.04.2024 Ahram Online
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Egypt’s overall debt to GDP is expected to decline to 82.6 percent of GDP in 2025, from over 90 percent in 2024, and will continue to shrink.
21.04.2024 Ahram Online
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The Egyptian government is committed to empowering the private sector to take the lead in driving economic growth and capturing a significant share.
18.04.2024 Egypt Today
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Maait also said the government aimed to sell more state assets, which would reduce the state’s role in the economy.
18.04.2024 Arab News
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Egypt’s external debt is projected to rise during the current FY2023/2024 due to the depreciation in the exchange rate, Era Dabla-Norris.
18.04.2024 Ahram Online
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