{"id":645942,"date":"2017-06-01T03:55:06","date_gmt":"2017-06-01T03:55:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/"},"modified":"2017-06-01T03:55:06","modified_gmt":"2017-06-01T03:55:06","slug":"renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/","title":{"rendered":"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt"},"content":{"rendered":"

<\/a> Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts <\/strong>straight on Egypt. <\/strong>Our friend Ahmed Badr held down the fort on Bloomberg\u2019s regional morning show yesterday, fielding questions on Egypt, Saudi Arabia and the still-unfolding intra-GCC tiff from both Yousef Gamal El Din in Dubai and Sherry Ahn in Hong Kong. The highlights:<\/p>\n

Why didn\u2019t the EGP move against the USD after a 200 bps rate hike? <\/strong>Gamal El-Din was bothered that \u201cinflows have touched a record high with investors taking advantage of low USD-based valuations \u2026 but we haven\u2019t seen movement in the currency after the 200 bps interest rate hike. This is not a normal reaction from a currency.\u201d While acknowledging there was pressure from the IMF to curb inflation with a rate hike, Badr says he thinks \u201cthe real reason the central bank did it is to get the inflows you\u2019re talking about \u2014 we\u2019re talking about the carry trade.<\/strong> If you look at it since the rate hike, we\u2019ve had about USD 1 bn into treasury bills. What the CBE was after was the hot money. And for the hot money to keep coming in, you need the rates to remain attractive, you need the EGP to remain [affordable]. And if you look at the overall economy, a 2% rate hike in an economy in which less than 10% of households have bank accounts is not going to affect the EGP much. And I think there are still a lot of other things [in play]: Tourism is still coming back, there\u2019s still a lot of demand for USD, so that\u2019s why it\u2019s all balancing out<\/strong>.\u201d<\/p>\n

Badr likes consumer stocks, banks: <\/strong>\u201cInvestors are still looking at consumer stocks \u2026 they\u2019re looking beyond the adjustment period in 2017 because at the end of the day, the EGP is very cheap. \u2026 And banks, of course. If you\u2019re betting on an economy to recover, then banks are going to be the first place you\u2019re going to look.\u201d<\/p>\n

Gamal El-Din seemed certain that remittances \u2014 a \u201chuge part\u201d of Egypt\u2019s current<\/strong>account \u2014 are being hurt by low oil prices. <\/strong>Badr explained that, \u201cActually, if you look at remittances in Egypt, they haven\u2019t dropped at all. They\u2019ve been very stable and they will always be a fundamental part of supporting the current account.\u201d<\/p>\n

But what about inflation? \u201cAre they on top of it or not? Because it doesn\u2019t look like it,\u201d<\/strong>asks Gamal El-Din. <\/strong>\u201cThe answer is \u2018Yes.\u2019 We\u2019ve seen it coming down. The people who have argued the rate hike and seen that it\u2019s about inflation argued that it\u2019s actually a bit late, because inflation has already started to come down [month-on-month]. It was a positive surprise,\u201d Badr said.<\/p>\n

You can watch Badr\u2019s comments on Egypt here<\/strong><\/a>starting at about 34:58. Or back up to 31:00 for his remarks on Saudi Arabia\u2019s Tadawul, where Badr argues that: (a) The economic reforms program has yet to filter through to the economy, so investors remain cautious and (b) The MSCI upgrade will happen in 2019 at the earliest<\/strong>, so \u201cwe\u2019re seeing foreigners slowly trying to chip into stocks that are expected to be heavyweights in a potential MSCI inclusion\u201d but it\u2019s far \u201ctoo early to say the market is pricing that inclusion in.<\/p>\n","protected":false},"excerpt":{"rendered":"

Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt. Our friend Ahmed Badr held down the fort on Bloomberg\u2019s regional morning show yesterday, fielding questions on Egypt, Saudi Arabia and the still-unfolding intra-GCC tiff from both Yousef Gamal El Din in Dubai and Sherry Ahn in Hong Kong. The highlights: […]<\/p>\n","protected":false},"author":1,"featured_media":645943,"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-645942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"836d9ac9-78d5-426d-a530-e8d5e05b6668","order":"0","is_powered_by":true,"section_story_id":"ae22ecad-2d45-4988-9d6d-d8a210325d8e","story_type":"1","photo_url":"https:\/\/ent.news\/2017\/6\/179.jpg","photo_position":"above","related_issue":[645935],"teaser":"","voice_url":""},"yoast_head":"\nRenaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt - 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\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt\" \/>\n<meta property=\"og:description\" content=\"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt. Our friend Ahmed Badr held down the fort on Bloomberg\u2019s regional morning show yesterday, fielding questions on Egypt, Saudi Arabia and the still-unfolding intra-GCC tiff from both Yousef Gamal El Din in Dubai and Sherry Ahn in Hong Kong. The highlights: […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-01T03:55:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt\",\"datePublished\":\"2017-06-01T03:55:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/\"},\"wordCount\":568,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/\",\"name\":\"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2017-06-01T03:55:06+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt\"}]},{\"@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":"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt - 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\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/","og_locale":"en_US","og_type":"article","og_title":"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt","og_description":"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt. Our friend Ahmed Badr held down the fort on Bloomberg\u2019s regional morning show yesterday, fielding questions on Egypt, Saudi Arabia and the still-unfolding intra-GCC tiff from both Yousef Gamal El Din in Dubai and Sherry Ahn in Hong Kong. The highlights: […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-06-01T03:55:06+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.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":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt","datePublished":"2017-06-01T03:55:06+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/"},"wordCount":568,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/","name":"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.jpg?fit=%2C&ssl=1","datePublished":"2017-06-01T03:55:06+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/renaissance-capital-mena-ceo-ahmed-badr-sets-bloombergs-morning-show-hosts-straight-on-egypt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Renaissance Capital MENA CEO Ahmed Badr sets Bloomberg\u2019s morning show hosts straight on Egypt"}]},{"@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\/2017\/6\/179.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2017\/6\/179.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\/2017\/6\/179.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":624590,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/higher-yields-on-government-bonds-could-be-a-plus-says-rencaps-ahmed-badr\/","url_meta":{"origin":645942,"position":0},"title":"Higher yields on government bonds could be a plus, says RenCap\u2019s Ahmed Badr","author":"enterpriseam admin","date":"13 September 2018","format":false,"excerpt":"**#2 Higher yields on government bonds could be a plus, says RenCap\u2019s Ahmed Badr: The higher demanded at government bond auctions could be read as a positive, our friend Renaissance Capital MENA CEO Ahmed Badr told Bloomberg TV in an interview on Tuesday. Allaying fears from the Finance Ministry, which\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/9\/1782.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630231,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/central-bank-could-slash-interest-rates-by-another-100-bps-despite-upcoming-subsidy-cuts-badr\/","url_meta":{"origin":645942,"position":1},"title":"Central Bank could slash interest rates by another 100 bps despite upcoming subsidy cuts -Badr","author":"enterpriseam admin","date":"16 April 2018","format":false,"excerpt":"Renaissance Capital MENA CEO Ahmed Badr believes Egypt\u2019s central bank could slash interest rates by another 100 bps at its 17 May meeting despite expectations of inflation rising temporarily in July as the government further reduces energy subsidies.Real estate stocks in favour? Interest rate cuts are shifting investor focus to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1691.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":649333,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/rencap-setting-up-shop-in-cairo\/","url_meta":{"origin":645942,"position":2},"title":"RenCap setting up shop in Cairo","author":"enterpriseam admin","date":"30 April 2017","format":false,"excerpt":"Renaissance Capital is opening an office in Cairo this year, RenCap\u2019s MENA CEO Ahmed Badr said. Pending the receipt of regulatory approvals, the emerging markets specialist expects to open the office in the next few months, Badr said, according to Reuters. Renaissance Capital is currently the second-largest foreign broker in\u2026","rel":"","context":"In "Speed Round"","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":634296,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/funds-returning-to-egypt-reforms-to-counter-impact-of-oil-prices\/","url_meta":{"origin":645942,"position":3},"title":"Funds returning to Egypt, reforms to counter impact of oil prices","author":"enterpriseam admin","date":"11 January 2018","format":false,"excerpt":"Fund managers are now looking at Egypt and coming back to the market, our friend Ahmed Badr, MENA CEO at Renaissance Capital, told Bloomberg TV. Badr believes that reforms are buoying the Egyptian market and that it is gaining more depth with a healthy IPO pipeline. Badr also does not\u2026","rel":"","context":"In "Speed Round"","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":639535,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/renaissance-capital-opens-office-in-egypt-hires-younis-from-ci-capital\/","url_meta":{"origin":645942,"position":4},"title":"Renaissance Capital opens office in Egypt, hires Younis from CI Capital","author":"enterpriseam admin","date":"31 October 2017","format":false,"excerpt":"EM specialist Renaissance Capital opens office in Egypt, hires Younis from CI Capital as country boss: Emerging markets investment bank Renaissance Capital is planning an expansion of its M&A and IPO pipeline in Egypt after officially opening Renaissance Capital Egypt SAE last week, the company said yesterday. \u201cThe firm is\u2026","rel":"","context":"In "Speed Round"","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":622657,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/09\/younis-said-to-be-stepping-down-as-rencap-egypt-ceo-saad-to-become-cabinet-spokesperson\/","url_meta":{"origin":645942,"position":5},"title":"Younis said to be stepping down as RenCap Egypt CEO + Saad to become cabinet spokesperson","author":"enterpriseam admin","date":"9 October 2018","format":false,"excerpt":"MOVES- Veteran investment banker Mohamed Younis (LInkedIn) is stepping down as CEO of Renaissance Capital\u2019s Egypt operation by year\u2019s end in the wake of the departure of our friend Ahmed Badr as RenCap\u2019s MENA CEO. Badr is said to be leaving the emerging and frontier markets specialist to return to\u2026","rel":"","context":"In "Speed Round"","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\/645942","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=645942"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/645942\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/645935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/645943"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=645942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=645942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=645942"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=645942"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=645942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}