{"id":649270,"date":"2017-04-27T04:06:04","date_gmt":"2017-04-27T04:06:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/rencap-says-egypt-is-its-top-pick\/"},"modified":"2017-04-27T04:06:04","modified_gmt":"2017-04-27T04:06:04","slug":"rencap-says-egypt-is-its-top-pick","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/rencap-says-egypt-is-its-top-pick\/","title":{"rendered":"RenCap says Egypt is its top pick"},"content":{"rendered":"

<\/a> Egyptian assets are Renaissance Capital\u2019s top pick: <\/strong>Egypt is now reaping the rewards of the EGP devaluation, according to Rencap\u2019s Global Chief Economist Charles Robertson. He says the weaker EGP \u201cshould spur exports and encourage foreign direct investment over the next few years.\u201d Robertson told Bloomberg<\/a> \u201cEgypt is one of the most interesting stories in emerging markets right now for any investor anywhere<\/strong> \u2026 There is an investment opportunity in Egypt now that\u2019s as good as it was in South Africa when the rand was 16 to the [USD] a year ago.\u201d Speaking on the sidelines of Rencap\u2019s Egypt conference, Robertson said even with the risks in terms of regime change, the cheap EGP makes it already priced-in and if there is a change, what is more likely is that Egypt \u201cbecomes a little bit more like a Turkey or a Russia or a Malaysia, where Parliamentary elections do happen, more parties can compete in them, but it\u2019s not full democracy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Egyptian assets are Renaissance Capital\u2019s top pick: Egypt is now reaping the rewards of the EGP devaluation, according to Rencap\u2019s Global Chief Economist Charles Robertson. He says the weaker EGP \u201cshould spur exports and encourage foreign direct investment over the next few years.\u201d Robertson told Bloomberg \u201cEgypt is one of the most interesting stories in […]<\/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-649270","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a5846f1e-e218-47ca-b90a-d9a5dd8a90dc","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649262],"teaser":"","voice_url":""},"yoast_head":"\nRenCap says Egypt is its top pick - 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\/04\/27\/rencap-says-egypt-is-its-top-pick\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RenCap says Egypt is its top pick\" \/>\n<meta property=\"og:description\" content=\"Egyptian assets are Renaissance Capital\u2019s top pick: Egypt is now reaping the rewards of the EGP devaluation, according to Rencap\u2019s Global Chief Economist Charles Robertson. 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Have fewer babies","author":"enterpriseam admin","date":"19 September 2019","format":false,"excerpt":"One way Egypt can get lower interest rates? Have fewer babies, suggests RenCap\u2019s Charlie Robertson: It appears that there\u2019s a correlation between Egypt\u2019s high interest rates and its 100 mn population, according to analysis posed by Charles Robertson, chief economist at emerging markets-focused investment bank Renaissance Capital. Analysts at the\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\/2019\/9\/1162.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573093,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/20\/egypts-economy-is-on-track-to-grow-this-fiscal-year-but-needs-to-keep-an-eye-on-egp-flexibility-industrial-investment-rencap\/","url_meta":{"origin":649270,"position":1},"title":"Egypt\u2019s economy is on track to grow this fiscal year, but needs to keep an eye on EGP flexibility + industrial investment \u2013RenCap","author":"enterpriseam admin","date":"20 July 2020","format":false,"excerpt":"EXCLUSIVE- Egypt\u2019s economy is on track to grow this fiscal year, but needs to keep an eye on EGP flexibility + industrial investment \u2013RenCap: Renaissance Capital is maintaining its expectations that Egypt will manage to eke out growth this fiscal year at around the same rate as FY2019-2020, thanks partly\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\/2020\/7\/156.jpg?fit=%2C&ssl=1&resize=350%2C200","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":649270,"position":2},"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 "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":568585,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/heres-where-international-organizations-see-the-egyptian-economy-heading-and-how-it-can-improve\/","url_meta":{"origin":649270,"position":3},"title":"Here\u2019s where international organizations see the Egyptian economy heading \u2014 and how it can improve","author":"enterpriseam admin","date":"28 January 2020","format":false,"excerpt":"Here\u2019s where international organizations see the Egyptian economy heading \u2014 and how it can improve: The local press was out with a series of interviews with international organizations and finance institutions on their outlook for Egypt\u2019s economy and where they see the country\u2019s reform priorities should be moving forward. Highlights\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":568839,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/05\/egp-overvaluation-to-surpass-20-in-the-coming-two-years-rencap\/","url_meta":{"origin":649270,"position":4},"title":"EGP overvaluation to surpass 20% in the coming two years -RenCap","author":"enterpriseam admin","date":"5 February 2020","format":false,"excerpt":"EGP overvaluation to surpass 20% in the coming two years -RenCap: Renaissance Capital has become \u201cmore bullish\u201d on the trajectory of the EGP over the coming two years, forecasting the currency to remain stable this year before falling to EGP 16.2 against the greenback during 2021. In a report issued\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\/2020\/2\/70.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568133,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/20\/hold-your-horses\/","url_meta":{"origin":649270,"position":5},"title":"Hold your horses","author":"enterpriseam admin","date":"20 December 2020","format":false,"excerpt":"ENTERPRISE POLL- The Central Bank of Egypt (CBE) will leave rates on hold when its Monetary Policy Committee holds its final meeting of the year on Thursday, according to an Enterprise poll. All 10 economists and analysts we surveyed expect the central bank to hold off on further easing, citing\u2026","rel":"","context":"In "POLL"","block_context":{"text":"POLL","link":"https:\/\/enterpriseam.com\/egypt\/category\/poll\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/325.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649270","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=649270"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649270\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649262"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649270"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649270"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}