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EMs turn to local debt markets, burn through FX reserves to weather the covid storm
EMs turn to local debt markets, burn through FX reserves to weather the covid storm: Emerging markets are (kind of…
Property portal EMPG merges with OLX
M&A WATCH- Emerging Markets Property Group (EMPG) has merged with classified ads business OLX Group in Egypt, the UAE, Lebanon…
Foreign reserves fall for second consecutive month in April
Foreign reserves fell in April for the second consecutive month as the central bank honored repatriation requests from foreign investors,…
Two-year lockup on 106 mn CI Capital shares expires
A two-year lockup period on a little over 106 mn shares of CI Capital issued in a capitalincrease (pdf) as…
Emerging markets: Which are most at risk?
Emerging markets: Which are most at risk? As the emerging world begins to stabilize after weeks of turbulence, this Economist…
As good as it gets? New US-China tensions could dampen the stock market recovery
As good as it gets? New US-China tensions could dampen the stock market recovery: A string of uncertainties could conspire…
CI Capital appoints Hesham Gohar as CEO for investment banking
MOVES- CI Capital has tapped Hesham Gohar (LinkedIn) as CEO of its investment banking arm (covering IB, capital markets and…
Egyptian banks’ net foreign assets nearly halved in March amid covid-19 sell-off
“Egypt’s commercial banks provided USD to investors in March, helping keep the EGP stable during a bond selloff” in a…
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