{"id":601997,"date":"2019-03-17T03:43:06","date_gmt":"2019-03-17T03:43:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said\/"},"modified":"2019-03-17T03:43:06","modified_gmt":"2019-03-17T03:43:06","slug":"organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said\/","title":{"rendered":"Organic corporate growth in Egypt expected to exceed 20%, says Lazard\u2019s Said"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <b>Egypt is one of the only MENA countries where organic corporate growth is expected to exceed 20%<\/b>, Fadi Al Said, director of MENA equity and portfolio manager at financial advisory firm Lazard, tells Bloomberg TV. The EGP devaluation and ensuing high inflation rates are still proving \u201csome tailwinds\u201d driving nominal growth through price adjustments, he says. \u201cI wouldn\u2019t say that I\u2019m overly bullish on Egypt on a macro level; I would say that we\u2019re betting on 100 mn people living there and that they have very low penetration in each and every sector. We\u2019re just positioning ourselves in companies that might benefit from these trends,\u201d Al Said says (<a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2019-03-14\/we-entered-the-u-a-e-with-a-significant-overweight-says-lazard-s-al-said-video\">watch, runtime: 6:06<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt is one of the only MENA countries where organic corporate growth is expected to exceed 20%, Fadi Al Said, director of MENA equity and portfolio manager at financial advisory firm Lazard, tells Bloomberg TV. The EGP devaluation and ensuing high inflation rates are still proving \u201csome tailwinds\u201d driving nominal growth through price adjustments, he [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":601998,"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":[104,72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-economy","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bf23d6ae-2a86-49c6-817d-2d863062e4c1","is_powered_by":true,"section_story_id":"61eabb52-c57b-437b-ac0a-9170cba77708","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/3\/2089.jpg","photo_position":"above","related_issue":[601990],"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>Organic corporate growth in Egypt expected to exceed 20%, says Lazard\u2019s Said - 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\/03\/17\/organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Organic corporate growth in Egypt expected to exceed 20%, says Lazard\u2019s Said\" \/>\n<meta property=\"og:description\" content=\"Egypt is one of the only MENA countries where organic corporate growth is expected to exceed 20%, Fadi Al Said, director of MENA equity and portfolio manager at financial advisory firm Lazard, tells Bloomberg TV. The EGP devaluation and ensuing high inflation rates are still proving \u201csome tailwinds\u201d driving nominal growth through price adjustments, he [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-17T03:43:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/2089.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=\"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\/03\/17\/organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Organic corporate growth in Egypt expected to exceed 20%, says Lazard\u2019s Said\",\"datePublished\":\"2019-03-17T03:43:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said\/\"},\"wordCount\":124,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/2089.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/organic-corporate-growth-in-egypt-expected-to-exceed-20-says-lazards-said\/\",\"name\":\"Organic corporate growth in Egypt expected to exceed 20%, says Lazard\u2019s Said - 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According to Colliers,\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":567510,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/rencap-sees-egypt-morocco-leading-industrialization-based-growth-in-mena\/","url_meta":{"origin":601997,"position":3},"title":"RenCap sees Egypt, Morocco leading industrialization-based growth in MENA","author":"enterpriseam admin","date":"26 January 2020","format":false,"excerpt":"RenCap sees Egypt, Morocco leading industrialization-based growth in MENA: Egypt and Morocco are seeing \u201cpromising changes\u201d that should help improve the overall picture for MENA countries\u2019 economic competitiveness, Renaissance Capital Chairman Christopher Charlier said at RenCap\u2019s annual MENA Investors Conference, according to an emailed statement (pdf). Morocco is expected to\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":567053,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/egypts-economy-to-grow-5-9-this-year-world-bank\/","url_meta":{"origin":601997,"position":4},"title":"Egypt\u2019s economy to grow 5.9% this year -World Bank","author":"enterpriseam admin","date":"12 January 2020","format":false,"excerpt":"Egypt\u2019s economy to grow 5.9% this year -World Bank: Egypt\u2019s economy is expected to grow at a 5.9% clip in FY2020-2021, with the growth rate set to accelerate to 6% in FY2021-2022 and remain at that level throughout the following fiscal year, according to the World Bank\u2019s Global Economic Prospects\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\/2020\/1\/567.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572700,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/06\/egypt-corporate-earnings-to-hold-up-relatively-well-compared-to-mena-peers-in-1q2020-efg\/","url_meta":{"origin":601997,"position":5},"title":"Egypt corporate earnings to \u201chold up relatively well\u201d compared to MENA peers in 1Q2020 -EFG","author":"enterpriseam admin","date":"6 July 2020","format":false,"excerpt":"Corporate earnings in Egypt are expected to \u201chold up relatively well\u201d in comparison to their MENA peers in 1Q2020, EFG Hermes said in a note yesterday. EFG expects earnings to fall 22% in Egypt and 25% in Qatar, compared to a 41% y-o-y fall in aggregate MENA earnings during the\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\/601997","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=601997"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601997\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/601990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/601998"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=601997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=601997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=601997"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=601997"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=601997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}