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In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
Location of Egypt. Egypt is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Egypt's economy depends mainly on agriculture, media, petroleum imports, natural gas, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe.
The Sovereign Fund of Egypt (Arabic: صندوق مصر السيادي) is a Sovereign wealth fund, owned by the Arab Republic of Egypt, [4] Its established in 2018 by Law No. 177 of 2018 and amended by Law No. 177 of 2020, [5] with the aim of contributing to the financial economic development of Egypt through the management of funds and assets owned or transferred to it, as well as investing ...
Pages in category "Government-owned companies of Egypt" The following 31 pages are in this category, out of 31 total. This list may not reflect recent changes .
Karvy Group has following nineteen subsidiary companies under it. [10] Karvy Stock Broking Ltd. (KSBL)- Equity Broking, Depository Participant, Distribution of Financial Products (Mutual Funds, FD and Bonds), Wealth Management Services, Currency Derivatives, Portfolio Management Services; Karvy Comtrade Ltd. - Commodities Broking
The Ministry of Investment and International Cooperation is the ministry in charge of economic cooperation and development between the Arab Republic of Egypt and the Arab States, foreign countries, and international and regional organizations. It also aids in economic and social development within Egypt.
EFG, also known as the Egyptian Financial Group, became the first investment banking firm in Egypt when it was established by Dr Mohamed Taymour in 1984. Holding was founded in 1993 under the newly promulgated Capital Markets Law 95.
Ahli United Bank - Egypt (AUB), part of Ahli United Bank Group; Faisal Islamic Bank of Egypt; Housing and Development Bank (HD-Bank), state-controlled; Al Baraka Bank of Egypt S.A.E. National Bank of Kuwait - Egypt (NBK), part of National Bank of Kuwait Group; Abu Dhabi Islamic Bank - Egypt (ADIB), part of Abu Dhabi Islamic Bank Group