{"id":632400,"date":"2018-02-11T04:09:37","date_gmt":"2018-02-11T04:09:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/citigroup-expects-stellar-2018-in-mea-investment-banking\/"},"modified":"2018-02-11T04:09:37","modified_gmt":"2018-02-11T04:09:37","slug":"citigroup-expects-stellar-2018-in-mea-investment-banking","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/citigroup-expects-stellar-2018-in-mea-investment-banking\/","title":{"rendered":"Citigroup expects stellar 2018 in MEA investment banking"},"content":{"rendered":"

<\/a> Citigroup expects 2018 to be its best year for investment banking in the Middle East and Africa in at least a decade<\/strong>, MEA Head of Investment Banking Miguel Azevedo told Reuters<\/a>. Citigroup expects growth to be led by Saudi Arabia, but Nigeria, Egypt, and the United Arab Emirates would also be among the top growth drivers as bond sales, mergers and acquisitions and public share sales pick up. \u201cThe pipeline in the Middle East and Africa is as good as we have seen since the global financial crisis of 2008 \u2026 GDP growth for advanced economies this year is between 2.5 and 3 percent, while for emerging markets it is between 4.5 and 5 percent. For investment banking, the growth should maybe be even more,\u201d Azevedo says. \u201cEgypt\u2019s outlook was also positive after the 2016 currency devaluation and IPOs were slated in sectors such as industrial and manufacturing and financial services and consumer,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Citigroup expects 2018 to be its best year for investment banking in the Middle East and Africa in at least a decade, MEA Head of Investment Banking Miguel Azevedo told Reuters. Citigroup expects growth to be led by Saudi Arabia, but Nigeria, Egypt, and the United Arab Emirates would also be among the top growth […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632400","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e67eb7ab-36d7-462d-94d6-0795bd88174c","order":"0","is_powered_by":true,"section_story_id":"dd61cfe8-2c10-45d8-85c6-22ae05978ead","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632388],"teaser":"","voice_url":""},"yoast_head":"\nCitigroup expects stellar 2018 in MEA investment banking - 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\/2018\/02\/11\/citigroup-expects-stellar-2018-in-mea-investment-banking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citigroup expects stellar 2018 in MEA investment banking\" \/>\n<meta property=\"og:description\" content=\"Citigroup expects 2018 to be its best year for investment banking in the Middle East and Africa in at least a decade, MEA Head of Investment Banking Miguel Azevedo told Reuters. 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