{"id":597827,"date":"2019-05-06T04:16:48","date_gmt":"2019-05-06T04:16:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/"},"modified":"2019-05-06T04:16:48","modified_gmt":"2019-05-06T04:16:48","slug":"egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/","title":{"rendered":"Egypt is one of Franklin Templeton\u2019s top three global market picks for growth"},"content":{"rendered":"<p><b>Egypt is one of <\/b><a href=\"https:\/\/www.franklintempleton.lu\/investor\/products\/overview\/12378\/Z\/Franklin-MENA-Fund\"><b>Franklin Templeton<\/b><\/a><b>\u2019s top three global market picks for growth<\/b>, <a href=\"https:\/\/www.zawya.com\/mena\/en\/markets\/story\/MENA_equity_markets_set_for_growth_says_Franklin_Templeton-ZAWYA20190505103724\/\">Zawya<\/a> reports. Salah Shamma, co-head of MENA equities at the fund, predicts greater inflows into equities due to positive macroeconomic conditions, strong consumer confidence and improving investor sentiment. Declining inflation and an anticipated fall in interest rates, perhaps by as much as 200 bps this year, will also provide a boost for Egyptian stocks.<\/p>\n<p><b>Strong performance expected from Saudi Arabia, Dubai:<\/b> Shamma also likes equities in Saudi Arabia and Dubai. Saudi Arabia, another of the fund\u2019s top three picks, will reap the benefits of its upgrade to emerging market status by both FTSE Russell and MSCI. Dubai, meanwhile, is in \u201cthe midst of an early cycle recovery,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt is one of Franklin Templeton\u2019s top three global market picks for growth, Zawya reports. Salah Shamma, co-head of MENA equities at the fund, predicts greater inflows into equities due to positive macroeconomic conditions, strong consumer confidence and improving investor sentiment. Declining inflation and an anticipated fall in interest rates, perhaps by as much as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":597828,"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":[8572],"tags":[102,72,182,349,125,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-capital-markets","tag-enterpriseam","tag-inflation","tag-interest-rates","tag-investment-watch","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e96ef28d-f54e-4666-9423-52e198bd15b5","is_powered_by":true,"section_story_id":"a616dd01-1ab5-4c79-b118-882d4c206957","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/5\/339.png","photo_position":"above","related_issue":[597812],"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>Egypt is one of Franklin Templeton\u2019s top three global market picks for growth - 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\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt is one of Franklin Templeton\u2019s top three global market picks for growth\" \/>\n<meta property=\"og:description\" content=\"Egypt is one of Franklin Templeton\u2019s top three global market picks for growth, Zawya reports. Salah Shamma, co-head of MENA equities at the fund, predicts greater inflows into equities due to positive macroeconomic conditions, strong consumer confidence and improving investor sentiment. Declining inflation and an anticipated fall in interest rates, perhaps by as much as [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-06T04:16:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/339.png?fit=%2C&ssl=1\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt is one of Franklin Templeton\u2019s top three global market picks for growth\",\"datePublished\":\"2019-05-06T04:16:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/\"},\"wordCount\":137,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/5\/339.png?fit=%2C&ssl=1\",\"keywords\":[\"capital markets\",\"EnterpriseAM\",\"inflation\",\"interest rates\",\"investment watch\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypt-is-one-of-franklin-templetons-top-three-global-market-picks-for-growth\/\",\"name\":\"Egypt is one of Franklin Templeton\u2019s top three global market picks for growth - 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Salah Shamma, co-head of MENA equities at the fund, predicts greater inflows into equities due to positive macroeconomic conditions, strong consumer confidence and improving investor sentiment. 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One of those surveyed singled out the country\u2019s growth prospects as the region\u2019s best. Inflation and interest rates, however, \u201cneed to subside,\u201d senior portfolio manager\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596485,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/egypt-sees-the-light-of-the-day-alongside-uae-saudi-arabia-is-not-as-lucky\/","url_meta":{"origin":597827,"position":1},"title":"Egypt sees the light of the day alongside UAE, Saudi Arabia is not as lucky","author":"enterpriseam admin","date":"29 August 2019","format":false,"excerpt":"MENA fund managers are still bullish on Egypt, UAE: Six out of 10 MENA fund managers polled by Reuters said they plan on increasing their exposure to Egypt, and five said the same about the UAE. Both countries\u2019 markets have performed well this year: The EGX rose 9.56% in 2019,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":675134,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/09\/mashreq-capital-sees-upbeat-4q-for-mena-bonds-selective-upside-in-equities\/","url_meta":{"origin":597827,"position":2},"title":"Mashreq Capital sees upbeat 4Q for MENA bonds, selective upside in equities","author":"enterpriseam admin","date":"9 November 2025","format":false,"excerpt":"Mashreq expects near double-digit bond returns and favors reform-driven equity markets in Saudi Arabia, and the UAE amid easing cycle tailwinds","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\/2024\/7\/264.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578724,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/11\/high-inflation-and-high-rates-could-be-here-to-stay-say-global-asset-managers\/","url_meta":{"origin":597827,"position":3},"title":"High inflation and high rates could be here to stay, say global asset managers","author":"enterpriseam admin","date":"11 January 2023","format":false,"excerpt":"Don\u2019t underestimate inflation \u2014 or how far the Fed will go to rein it in: That\u2019s the message to markets from major asset managers including BlackRock Inc, Fidelity Investments and Carmignac, Bloomberg reports. Investors expecting inflation and rates to peak in 2023 may well be disappointed in the same way\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\/2023\/1\/174.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":652491,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/11\/egypt-is-an-attractive-market-franklin-templeton\/","url_meta":{"origin":597827,"position":4},"title":"Egypt is an attractive market -Franklin Templeton","author":"enterpriseam admin","date":"11 January 2017","format":false,"excerpt":"Franklin Templeton\u2019s MENA CIO explains why Egypt is attractive: The economic trajectory, valuations and the \u201cundervalued\u201d currency make Egypt have \u201cone of the most attractive growth profiles in the MENA region,\u201d Franklin Templeton Investments MENA equities chief investment officer, Bassel Khatoun, told Bloomberg TV. The EGP devaluation addressed a serious\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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\/597827","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=597827"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597827\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597812"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/597828"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597827"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597827"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}