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Developing economies are threatened with distress as they struggle to pay down their growing debt piles
Growing debt piles are becoming increasingly insurmountable for some developing economies as they struggle to find the resources to repay…
The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade
The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade: Foreign holdings of…
What we’re tracking on 28 July 2020
It’s almost official, folks: The cabinet confirmed yesterday that Eid Al Adha will run from Thursday to Monday, 3 August , meaning…
Egypt is among EMs “most vulnerable” to debt default as covid borrowing pressures state finances -FT
Egypt is among the emerging markets “most vulnerable” to debt default as covid borrowing pressures state finances, the FT suggests:…
What we’re tracking on 21 July
There’s plenty for the business community to digest this morning, and almost all of it is coming out of the…
Alexandria Portland Cement removes shares from EGX
Alexandria Portland Cement’s board of directors agreed to voluntarily delist its shares from the EGX in accordance with the mandatory…
Why we now need to be talking more about EMs
Why we now need to be talking more about EMs: Middle-income economies that stand halfway between the world’s richest and…
Egyptian banks’ FX liquidity “still vulnerable” as recovery from covid-19 sell-off will take longer than 2018 EM Zombie Apocalypse -Fitch
Egyptian banks’ FX liquidity “still vulnerable” — it’s going to take longer to recover from the covid-19 sell-off than from…
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