{"id":568268,"date":"2020-12-23T03:47:36","date_gmt":"2020-12-23T03:47:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/"},"modified":"2020-12-23T03:47:36","modified_gmt":"2020-12-23T03:47:36","slug":"what-the-markets-are-doing-on-23-december-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/","title":{"rendered":"What the markets are doing on 23 December 2020"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>GAME CHANGER for US capital markets- The US has given the green light to direct <\/strong><strong>listings on the New York Stock Exchange <\/strong>in a move that will surely cut into the feel wallets allocated to investment banks across the pond, the <a href=\"https:\/\/www.ft.com\/content\/c0aa1601-5c7d-47ec-a046-e30f8e503942\">Financial Times<\/a> writes.<\/p>\n<p><strong>iSheep have plenty to chew over today, including the prospect (once again) of an Apple <\/strong><strong>Car <\/strong>(<a href=\"https:\/\/www.reuters.com\/article\/uk-apple-autos-exclusive\/exclusive-apple-targets-car-production-by-2024-and-eyes-next-level-battery-technology-sources-idUKKBN28V2PU\">this time by 2024<\/a>) and news that Elon Musk <a href=\"https:\/\/www.reuters.com\/article\/us-apple-autos-elon-musk\/elon-musk-says-had-once-reached-out-to-apple-for-acquiring-tesla-idUSKBN28W2KF\">tried to shop Tesla to the tech giant<\/a>, but couldn\u2019t convince CEO Tim Cook to sit down for a cup of coffee. <strong>Apple shares are heading into the final days of trading up some 80% <\/strong>year-on-year for the <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-12-22\/apple-inches-toward-record-after-report-on-autonomous-car-plans\">second year in a row<\/a>. <a href=\"https:\/\/www.cnbc.com\/2020\/12\/22\/building-a-car-would-be-a-low-margi.html\">CNBC<\/a> has more.<\/p>\n<p><strong>US companies are going full George Romero<\/strong>, borrowing a record USD 2.5 tn this year and increasing leverage at investment grade companies to an all-time high. The number of so-called zombie companies \u2014 firms whose profits only allow them to meet interest payments on their debt \u2014 are nearing historical peaks. <a href=\"https:\/\/www.ft.com\/content\/7fa7e230-5a8f-4a65-b8b7-ecd603a2a3d1\">The Financial Times<\/a> says the 2020 bond mania has left balance sheets in a \u201cfar riskier\u201d state, as Fed policy leaves companies ever more reliant on emergency liquidity.<\/p>\n<p><strong>Peak 2020: SoftBank is launching a SPAC so it can \u2026 buy SoftBank<\/strong> <strong>assets.<\/strong> <a href=\"https:\/\/www.ft.com\/content\/65fd4a73-f277-415f-83b5-a3a68a5d4e27\">The Financial Times<\/a> reports that the company wants to raise USD 604 mn of public money so it can acquire a Japanese tech firm it has already invested in. This seems fine\u2026<\/p>\n<p><strong>There\u2019s been a changing of the guard at Saudi\u2019s USD 360 bn sovereign wealth<\/strong><strong> fund<\/strong> as it prepares to step up its involvement in the economy, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-12-22\/saudi-arabia-s-wealth-fund-reshuffles-key-executive-team?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a> reports. Among the new faces are Fahad Alsaif (<a href=\"https:\/\/www.linkedin.com\/in\/fahad-al-saif-9828b126\/?originalSubdomain=sa\">LinkedIn<\/a>), who has been appointed head of corporate finance, and Rania Nashar, who was the first woman in the country to head up a bank, was tapped to become senior adviser to PIF Governor Yasir Al-Rumayyan.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table table-striped markets-table'>\n<tbody>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>10,656<\/p>\n<\/td>\n<td>\n<p>+0.7% (YTD: -23.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.64<\/p>\n<\/td>\n<td>\n<p>Sell 15.74<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.63<\/p>\n<\/td>\n<td>\n<p>Sell 15.73<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>8,681<\/p>\n<\/td>\n<td>\n<p>+1.7% (YTD: +3.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>5,110<\/p>\n<\/td>\n<td>\n<p>+0.7% (YTD: +0.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,481<\/p>\n<\/td>\n<td>\n<p>+0.8% (YTD: -10.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>3,687<\/p>\n<\/td>\n<td>\n<p>-0.2% (YTD: +14.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,453<\/p>\n<\/td>\n<td>\n<p>+0.6% (YTD: -14.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 50.08<\/p>\n<\/td>\n<td>\n<p>-0.6%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.77<\/p>\n<\/td>\n<td>\n<p>-0.5%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,867.10<\/p>\n<\/td>\n<td>\n<p>-0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 23,723.66<\/p>\n<\/td>\n<td>\n<p>+3.8%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>The EGX30 rose 0.7% yesterday<\/strong> on turnover of EGP 1.1 bn (19.3% below the 90-day average). Domestic investors were net sellers. The index is down 23.7% YTD.<\/p>\n<p><strong>In the green: <\/strong>Juhayna (+7.3%), GB Auto (+6.9%) and TMG Holding (+3.4%).<\/p>\n<p><strong>In the red: <\/strong>Dice (-3.5%), Export Development Bank (-2.9%) and Qalaa Holdings (-1.8%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GAME CHANGER for US capital markets- The US has given the green light to direct listings on the New York Stock Exchange in a move that will surely cut into the feel wallets allocated to investment banks across the pond, the Financial Times writes. iSheep have plenty to chew over today, including the prospect (once [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[7106,4306,72,119,122,4307,219,4308,439,117],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568268","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-debt","tag-economic-stimulus-package","tag-enterpriseam","tag-financial-markets","tag-planet-finance","tag-relief-package","tag-saudi-arabia","tag-small-business-relief","tag-spacs","tag-us","wpautop","entry"],"acf":{"mongo_id":"78899702-f053-4142-98e1-56d65ee8d94b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[568243],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What the markets are doing on 23 December 2020 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What the markets are doing on 23 December 2020\" \/>\n<meta property=\"og:description\" content=\"GAME CHANGER for US capital markets- The US has given the green light to direct listings on the New York Stock Exchange in a move that will surely cut into the feel wallets allocated to investment banks across the pond, the Financial Times writes. iSheep have plenty to chew over today, including the prospect (once [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-23T03:47:36+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 23 December 2020\",\"datePublished\":\"2020-12-23T03:47:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/\"},\"wordCount\":401,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"debt\",\"economic stimulus package\",\"EnterpriseAM\",\"Financial Markets\",\"Planet Finance\",\"relief package\",\"Saudi Arabia\",\"small business relief\",\"SPACs\",\"US\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/\",\"name\":\"What the markets are doing on 23 December 2020 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-12-23T03:47:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What the markets are doing on 23 December 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What the markets are doing on 23 December 2020 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 23 December 2020","og_description":"GAME CHANGER for US capital markets- The US has given the green light to direct listings on the New York Stock Exchange in a move that will surely cut into the feel wallets allocated to investment banks across the pond, the Financial Times writes. iSheep have plenty to chew over today, including the prospect (once [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-12-23T03:47:36+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"What the markets are doing on 23 December 2020","datePublished":"2020-12-23T03:47:36+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/"},"wordCount":401,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["debt","economic stimulus package","EnterpriseAM","Financial Markets","Planet Finance","relief package","Saudi Arabia","small business relief","SPACs","US"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/","name":"What the markets are doing on 23 December 2020 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-12-23T03:47:36+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-the-markets-are-doing-on-23-december-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"What the markets are doing on 23 December 2020"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":567707,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/03\/what-the-markets-are-doing-on-3-december-2020\/","url_meta":{"origin":568268,"position":0},"title":"What the markets are doing on 3 December 2020","author":"enterpriseam admin","date":"3 December 2020","format":false,"excerpt":"The EGX30 fell 0.2% yesterday on turnover of EGP 1.9 bn (31.9% above the 90-day average). Foreign investors were net sellers. The index is down -21.1% YTD.In the green: Eastern Company (+4.9%), Export Development Bank of Egypt (+4.3%) and Dice (+4.3%).In the red: Juhayna (-6.3%), Edita (-2.1%) and GB Auto\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":585406,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/18\/imfs-africa-head-calls-for-urgent-debt-reform\/","url_meta":{"origin":568268,"position":1},"title":"IMF\u2019s Africa head calls for urgent debt reform","author":"enterpriseam admin","date":"18 April 2023","format":false,"excerpt":"Abebe Selassie pushes the continent\u2019s creditors on debt relief","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/686.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558989,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/what-the-markets-are-doing-on-4-january-2020\/","url_meta":{"origin":568268,"position":2},"title":"What the markets are doing on 4 January 2020","author":"enterpriseam admin","date":"4 January 2021","format":false,"excerpt":"We may see more caution in early 2021 valuations of emerging market stocks, bonds and currencies amid uneven covid-19 recovery rates in developing economies and suggestions of MSCI exuberance, Bloomberg reports. But with central bank stimulus and vaccines on the horizon, overall investor sentiment remains buoyant, say analysts. EM stocks\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567791,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/07\/what-the-markets-are-doing-on-7-december-2020\/","url_meta":{"origin":568268,"position":3},"title":"What the markets are doing on 7 December 2020","author":"enterpriseam admin","date":"7 December 2020","format":false,"excerpt":"The EGX30 rose 0.1% yesterday on turnover of EGP 1.6 bn (18.5% above the 90-day average). Domestic investors were net sellers. The index is down 21.0% YTD.In the green: Dice (+6.2%), Orascom Investment Holding (+4.5%) and Beltone Financial Holding (+4.1%).In the red: Sodic (-2.3%), Juhayna (-2.3%) and Edita (-2.2%).Asian markets\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568229,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/22\/what-the-markets-are-doing-on-22-december-2020\/","url_meta":{"origin":568268,"position":4},"title":"What the markets are doing on 22 December 2020","author":"enterpriseam admin","date":"22 December 2020","format":false,"excerpt":"After months of stalled progress, US congressional leaders finally agreed on a new USD 900 bn stimulus bill \u2014 which will be the second-largest aid package in US history, following the USD 2.3 tn stimulus bill passed in March, Reuters reports. The package includes doling out a round of USD\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550348,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/24\/developing-world-debt-is-going-nowhere-and-thats-a-barrier-to-climate-goals\/","url_meta":{"origin":568268,"position":5},"title":"Developing world debt is going nowhere \u2014 and that\u2019s a barrier to climate goals","author":"enterpriseam admin","date":"24 October 2022","format":false,"excerpt":"Debt relief? What debt relief? Policymakers, investors and campaigners have been left disappointed by a lack of progress by the G20 to agree debt relief measures for poorer nations, Reuters reports. Rich nations are yet to make headway on the G20 Common Framework proposed in the wake of the covid-19\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=568268"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568268\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/568243"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=568268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=568268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=568268"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=568268"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=568268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}