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Egypt , Monday 23 April 2018

News Egypt » Finance: The International Monetary Fund (IMF), Central Bank of Egypt and Government of Egypt to Host Inclusive Growth and Job Creation Conference in Egypt

News channel or source: https://www.cnbcafrica.com/apo/2018/04/23/the-international-monetary-fund-imf-central-bank-of-egypt-and-government-of-egypt-to-host-inclusive-growth-and-job-creation-conference-in-egypt/
Publication date: Sunday 22 April 2018

CBE Governor Tarek Amer and Egypt’s Minister of Finance Amr El Garhy will be among the speakers. Distributed by APO Group on behalf of International Monetary Fund (IMF).

News Egypt » Finance: Why unbanked Egypt is ripe for a FinTech revolution

News channel or source: https://www.msn.com/en-us/finance/news/why-unbanked-egypt-is-ripe-for-a-fintech-revolution/ar-AAvYC7O
Publication date: onday 16 April 2018

Home to nearly 100 million people, Egypt is the most populous nation in the Middle East and North Africa, and a huge market with considerable scope for new IT and telecoms services. The opportunities are particularly clear in the area of financial ...

News Egypt » Finance: Saudi, Egypt Stocks Turn Mideast Stars as Dubai Gets Ignored

News channel or source: https://www.bloomberg.com/news/articles/2018-04-17/as-saudi-egypt-stocks-become-mideast-stars-dubai-gets-ignored
Publication date: onday 16 April 2018

The rise of Saudi Arabia and Egypt as the top Middle East choices for equity investors is taking a toll on Dubai. Trading on the Dubai Financial Market dwindled to 88 million dirhams ($24 million) on Monday, the lowest since September 2015 and about 57 ...

News Egypt » Finance: National Bank of Egypt joins R3 blockchain consortium

News channel or source: https://www.econotimes.com/National-Bank-of-Egypt-joins-R3-blockchain-consortium-1267632
Publication date: Sunday 22 April 2018

Daily News Egypt reported. R3’s global network counts over 200 banks, financial services firms, technology companies, central banks, regulators, and trade associations. It also works with a number of central banks and regulators around the world.

News Egypt » Finance: AAIB named best investment bank in Egypt by Global Banking and Finance Review

News channel or source: https://dailynewsegypt.com/2018/04/16/aaib-named-best-investment-bank-egypt-global-banking-finance-review/
Publication date: onday 16 April 2018

Global Banking and Finance Review awarded Arab African International Bank (AAIB) the title of Best Investment and Corporate Finance Bank in Egypt in 2017. The bank was also awarded the title of Egypt’s Top Bank for the same year by Banker Africa.

News Egypt » Finance: Buying ‘likes’ on Facebook is ‘immoral’, Egypt’s top Muslim cleric declares

News channel or source: https://www.washingtonpost.com/news/worldviews/wp/2018/04/17/buying-likes-on-facebook-is-immoral-egypts-top-muslim-cleric-declares/
Publication date: onday 16 April 2018

He said that the digital currency was directly responsible for the financial ruin of people. Egypt's grand mufti says #bitcoin is forbidden in Islam https://t.co/xFp4I7MIOU #afp — HEDGE accordingly📈 (@HedgeBz) February 6, 2018 Earlier this month ...

News Egypt » Finance: Egypt offers example of how developing countries can plan for e-commerce

News channel or source: http://unctad.org/fr/pages/newsdetails.aspx?OriginalVersionID=1729
Publication date: hursday 19 April 2018

He added that with more than 4,000 post offices, Egypt’s logistical and micro-financial infrastructure offered a competitive advantage. A similar opportunity existed in its young, well educated population and its geographical position as a global ...

News Egypt » Finance: CORRECTED-IMF expects GDP growth for FY 2017/18 at 5.2 percent -finance minister

News channel or source: https://www.reuters.com/article/egypt-economy/corrected-imf-expects-gdp-growth-for-fy-2017-18-at-5-2-percent-finance-minister-idUSL8N1RV3KF
Publication date: Wednesday 18 April 2018

CAIRO, April 18 (Reuters) - The International Monetary Fund (IMF) expects Egypt’s GDP growth to hit 5.2 percent in the current fiscal year that ends in June, according to a statement from the finance minister on Wednesday. Finance Minister Amr El Garhy ...

News Egypt » Finance: Egypt aims to raise tobacco tax revenues by $402 mln in 2018-19 budget

News channel or source: https://www.reuters.com/article/egypt-economy-tax/egypt-aims-to-raise-tobacco-tax-revenues-by-402-mln-in-2018-19-budget-idUSL8N1RT1DQ
Publication date: Sunday 15 April 2018

The government is expecting revenues of 51.452 billion Egyptian pounds ($2.93 billion) from the tobacco taxes this financial year, which ends in June. Egypt has been increasing taxes and cutting subsidies to narrow its budget deficit as part of economic ...

News Egypt » Finance: UPDATE 1-Egypt's Pioneers Holding to increase capital by 30 pct -CEO

News channel or source: https://af.reuters.com/article/egyptMarketNews/idAFL8N1RV1BG
Publication date: uesday 17 April 2018

CAIRO, April 18 (Reuters) - Pioneers Holding, one of Egypt’s largest financial services firms, aims to increase its capital by 30 percent or 1.08 billion Egyptian pounds ($61.23 million), CEO Walid Zaki said on Wednesday. The company’s capital is ...