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IFC commits USD 25 mn in Lorax Capital's new SMEs private equity fund
PRIVATE EQUITY WATCH- The International Finance Corporation (IFC) has committed USD 25 mn to Lorax Capital’s SME-focused PE fund, LCP…
Egyptian equities undervalued after EGX covid tantrum -Azimut
Egyptian equities undervalued after EGX’s covid tantrum -Azimut: Covid-19’s pummeling of the EGX earlier this year has left Egyptian equities…
In line with consensus, Central Bank of Egypt leaves rates on hold in June meeting
CBE leaves rates on hold, in line with expectations: The Central Bank of Egypt left interest rates unchanged for the…
Private equity bosses are raking in bns running funds that fail to beat cheap tracker funds
Private equity bosses are raking in bns running funds that fail to beat cheap tracker funds, according to a new…
Sovereign Fund of Egypt enters SWF global rankings at #43
Sovereign Fund of Egypt enters SWF global rankings at # 43: The Sovereign Fund of Egypt (SFE) ranks 43rd out…
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…
Heavy net outflows from EM bond funds continue, but could brighter days follow?
Emerging market bond funds are continuing to see heavy net outflows, as investors seek to dump debt amid the economic…
Taxes undermine stock funds as a channel for savings- Egypt’s EIMA
Taxes undermine stock funds as a channel for savings -EIMA: The Egyptian Investment Management Association (EIMA) has sent a memo…
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