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Egypt still expected to outperform EMs, regional oil importers on GDP, but debt pressure is “acute,” IMF says
Egypt still expected to outperform EMs, regional oil importers on GDP, but debt pressure is “acute,” IMF says: GDP growth…
Emirates NBD grants Farm Frites USD 28 mn loan
Emirates NBD is extending a USD 28 mn medium-term loan to American Group subsidiary Farm Frites to finance the company’s…
EFG Hermes closes EGP 169 mn short-term bond sale for Premium International
EFG Hermes have closed a EGP 169 mn short-term bond issuance for Premium International for Credit Services, the local press…
EM state-owned enterprises’ rising debt is a “growing concern” for gov’t finances, says IMF
Emerging market state-owned enterprises’ rising debt burdens are a “growing concern” for government finances, as they currently account for “a…
USD debt exposure an Achilles’ heel for EMs right now, Fitch says
USD debt exposure an Achilles’ heel for EMs right now, Fitch says: Of all the macro issues emerging markets have…
Egypt’s bourse, EGP-denominated bonds have been underperforming for weeks
The EGX has been underperforming for weeks, and however well they’re doing, EGP-denominated bonds are lagging the EM peers. Stocks…
Egypt’s pound rallies to new two-and-a-half year high, approaching EGP 16 / USD 1 barrier
EGP rallies to new two-and-a-half year high: The EGP rose to a new two-and-a-half year high against the greenback, hitting…
Egypt could sign new IMF agreement in March -Maait
Egypt to sign IMF agreement in March? Egypt could reach a post-loan agreement with the IMF by March, Finance Minister…
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