{"id":599428,"date":"2019-06-27T04:00:16","date_gmt":"2019-06-27T04:00:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/"},"modified":"2019-06-27T04:00:16","modified_gmt":"2019-06-27T04:00:16","slug":"the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/","title":{"rendered":"The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a><b> The good times will continue to roll if Egypt secures a new pact with the IMF:<\/b> Plans to sign a post-program <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/26\/egypt-hopes-to-reach-a-non-loan-program-agreement-with-imf-before-october\/\">non-financial agreement with IMF<\/a> will help Egypt maintain its position as the world\u2019s most attractive carry trade, Mohamed Abu Basha, EFG Hermes\u2019 head of macro analysis, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-06-26\/imf-deal-to-keep-carry-party-going-for-emerging-market-darling\">tells Bloomberg<\/a>. Finance Minister Mohamed Maait said yesterday that the government is in talks with the fund over an agreement that could see it continue to support the country\u2019s economic reforms after the USD 12 bn program ends later this year. This would likely bolster investor confidence in Egypt\u2019s fixed-income assets and the EGP carry trade further, according to Abu Basha. \u201cEgypt makes for a very good trade\u2026 signing the agreement would act as further reassurance and can guarantee a consistent stream of inflows and lower borrowing costs,\u201d he said.<\/p>\n<p><b>The world\u2019s best:<\/b> Large portfolio flows have entered Egypt this year as the government\u2019s commitment to reform and the country\u2019s relative insulation from the US-China trade conflict courted international attention. Investors have netted themselves a 23% return on EGP-denominated bonds this year \u2014 five times the EM average \u2014 while the value of the EGP has increased by 7.3% against the greenback. Carry traders investing in Egyptian debt with USD have made returns of around 15% in 2019, Bloomberg says.<\/p>\n<p><b>And Trump\u2019s USD 50 bn Mideast plan (if it ever materializes) will likely boost the EGP further<\/b>: Marie Salem, FFA Private Bank\u2019s director of capital markets, says that <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/23\/egypt-to-receive-usd-9-bn-under-trump-administrations-mideast-peace-to-prosperity-economic-plan\/\">Trump\u2019s plan to invest USD 9 bn<\/a> in Egyptian infrastructure as part of his regional economic development plan would only be good news for the EGP. \u201cWith all the enhancement and support that Egypt is getting from the IMF and the US, the EGP has maintained its stability for the past year and we expect it to strengthen,\u201d she told Bloomberg.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The good times will continue to roll if Egypt secures a new pact with the IMF: Plans to sign a post-program non-financial agreement with IMF will help Egypt maintain its position as the world\u2019s most attractive carry trade, Mohamed Abu Basha, EFG Hermes\u2019 head of macro analysis, tells Bloomberg. Finance Minister Mohamed Maait said yesterday [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":599429,"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":[9272],"tags":[82,2082,380,104,84,115,72,272,125,1510],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-macro-picture","tag-bonds","tag-carry-trade","tag-currencies","tag-economy","tag-efg-hermes","tag-emerging-markets","tag-enterpriseam","tag-imf","tag-investment-watch","tag-the-macro-picture","wpautop","entry"],"acf":{"mongo_id":"4a8ef65c-9554-4884-8f0c-355a96bb6974","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/6\/1836.jpg","photo_position":"above","related_issue":[599410],"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>The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes - 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\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes\" \/>\n<meta property=\"og:description\" content=\"The good times will continue to roll if Egypt secures a new pact with the IMF: Plans to sign a post-program non-financial agreement with IMF will help Egypt maintain its position as the world\u2019s most attractive carry trade, Mohamed Abu Basha, EFG Hermes\u2019 head of macro analysis, tells Bloomberg. Finance Minister Mohamed Maait said yesterday [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-27T04:00:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes\",\"datePublished\":\"2019-06-27T04:00:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/\"},\"wordCount\":324,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Bonds\",\"carry trade\",\"currencies\",\"economy\",\"EFG Hermes\",\"emerging markets\",\"EnterpriseAM\",\"IMF\",\"investment watch\",\"THE MACRO PICTURE\"],\"articleSection\":[\"THE MACRO PICTURE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/\",\"name\":\"The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2019-06-27T04:00:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes\"}]},{\"@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":"The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes - 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\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/","og_locale":"en_US","og_type":"article","og_title":"The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes","og_description":"The good times will continue to roll if Egypt secures a new pact with the IMF: Plans to sign a post-program non-financial agreement with IMF will help Egypt maintain its position as the world\u2019s most attractive carry trade, Mohamed Abu Basha, EFG Hermes\u2019 head of macro analysis, tells Bloomberg. Finance Minister Mohamed Maait said yesterday [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-06-27T04:00:16+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"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\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes","datePublished":"2019-06-27T04:00:16+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/"},"wordCount":324,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?fit=%2C&ssl=1","keywords":["Bonds","carry trade","currencies","economy","EFG Hermes","emerging markets","EnterpriseAM","IMF","investment watch","THE MACRO PICTURE"],"articleSection":["THE MACRO PICTURE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/","name":"The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?fit=%2C&ssl=1","datePublished":"2019-06-27T04:00:16+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/27\/the-good-times-will-continue-to-roll-if-egypt-secures-a-new-pact-with-the-imf-efg-hermes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"The good times will continue to roll if Egypt secures a new pact with the IMF \u2013EFG Hermes"}]},{"@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":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/1836.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":600862,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/lagarde-emphasizes-importance-of-financial-inclusion-for-smes\/","url_meta":{"origin":599428,"position":0},"title":"Lagarde emphasizes importance of financial inclusion for SMEs","author":"enterpriseam admin","date":"12 February 2019","format":false,"excerpt":"Lagarde emphasizes importance of financial inclusion for SMEs in the Arab world: IMF managing director Christine Lagarde spoke on Sunday in Dubai about the importance of convincing SMEs to join the formal economy in Arab states, according to Zawya \u2014 and banks need to increase their appetite for the segment.\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/1149.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":564611,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/16\/drop-in-unemployment-driven-by-job-creation-not-reduced-labor-force-efg-hermes\/","url_meta":{"origin":599428,"position":1},"title":"Drop in unemployment driven by job creation, not reduced labor force \u2013EFG Hermes","author":"enterpriseam admin","date":"16 February 2021","format":false,"excerpt":"MORE CONTEXT on this morning\u2019s unemployment figures: EFG Hermes\u2019 Mohamed Abu Basha took a deeper dive in a client note today, writing that \u201cwhile the headline number is somewhat underwhelming, it carried an important development: the number of employed people has risen to exceed pre-COVID-19 levels. \u2026 The number of\u2026","rel":"","context":"In &quot;SPEED ROUND: MACRO WATCH&quot;","block_context":{"text":"SPEED ROUND: MACRO WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-macro-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626827,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/is-the-carry-trade-approaching-a-tipping-point\/","url_meta":{"origin":599428,"position":2},"title":"Is the carry trade approaching a tipping point?","author":"enterpriseam admin","date":"12 July 2018","format":false,"excerpt":"Is the carry trade approaching a tipping point? CBE data on the balance of payments in April indicated that the foreign holdings of Egyptian debt fell 1.25% m-o-m to EGP 375.5 bn \u2014 the first drop in foreign portfolio investments in 2018, according to the local press. As our friend\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":646697,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/efg-hermes-thinks-fuel-price-hikes-will-come-later-in-4q17\/","url_meta":{"origin":599428,"position":3},"title":"EFG Hermes thinks fuel price hikes will come later in 4Q17","author":"enterpriseam admin","date":"21 June 2017","format":false,"excerpt":"EFG Hermes research boss thinks fuel price hikes will come later in 4Q17: The government might very well delay fuel price hikes slated for July until 4Q2017 to allow the market the chance to adjust to its basket of economic reform measures, EFG Hermes Research chief Ahmed Shams El Din\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":629757,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/egypts-carry-trade-to-stay-good-until-end-of-2018-arqaam\/","url_meta":{"origin":599428,"position":4},"title":"Egypt\u2019s carry trade to stay \u201cgood\u201d until end of 2018 -Arqaam","author":"enterpriseam admin","date":"1 April 2018","format":false,"excerpt":"How\u2019s the rate cut going to hit the carry trade? The CBE\u2019s move to cut interest rates comes amid concerns that higher US interest rates will fuel a battle for funds among emerging markets, writes Bloomberg\u2019s Ahmed Feteha. \u201cThere was a view that with inflation slowing so fast the central\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\/2018\/3\/1770.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627750,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/11\/efg-hermes-ci-capital-get-nods-in-2018-extel-survey\/","url_meta":{"origin":599428,"position":5},"title":"EFG Hermes, CI Capital get nods in 2018 Extel Survey","author":"enterpriseam admin","date":"11 June 2018","format":false,"excerpt":"EFG Hermes is best in frontier, second in MENA in 2018 Extel Survey; CI Capital third in MENA. Egypt-based investment banks had a strong showing in the 2018 Extel survey ranking research provided by brokerage houses, which saw 11,000 financial professionals at more than 4,000 firms (nearly 2,700 of them\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\/599428","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=599428"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599428\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/599410"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/599429"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=599428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=599428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=599428"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=599428"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=599428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}