Egypt Post launches ‘Felousy’ as first digital investment platform for funds in Egypt
Dalia El-Baz, Chairperson of Egypt Post, announced the launch of the “Felousy” application — the first fully integrated digital platform in Egypt dedicated to investing in investment funds. The platform is operated through PFI Investment Services, a company licensed by
Egypt’s financial inclusion rate hits 74.8%, with 52 million using transaction accounts
Financial inclusion rates in Egypt continue to rise, with approximately 52 million citizens now using transaction accounts. The Central Bank of Egypt (CBE) announced on Tuesday that financial inclusion rates had reached 74.8% by the end of 2024, marking a
Egypt to finalize FDI, industrial development strategies in Q1, projects 4% economic growth
Minister of Planning and Economic Development, Rania Al-Mashat, announced that Egypt is on track to finalize its foreign direct investment and industrial development strategies in the first quarter (Q1) of this year. She also forecasted a 4% growth for the
PFI Asset Management to run GIG Insurance’s funds
PFI Asset Management, a subsidiary of Post for Investment, has contracted to manage two GIG Insurance Company funds, namely the cash and stock funds. The company’s strategy aims to provide diverse investment products that meet the needs and goals of
Al-Mashat, Kouchouk review efforts to resolve financial entanglements between NIB, Egypt Post – Dailynewsegypt
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, and Minister of Finance, Ahmed Kouchouk, met at the Ministry of Finance headquarters in the New Administrative Capital to discuss the progress of measures aimed at resolving financial entanglements