{"id":650497,"date":"2017-03-26T03:56:06","date_gmt":"2017-03-26T03:56:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker\/"},"modified":"2017-03-26T03:56:06","modified_gmt":"2017-03-26T03:56:06","slug":"the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker\/","title":{"rendered":"The economic reforms have benefited one kind of trader: the stock broker"},"content":{"rendered":"

Egypt\u2019s economic reforms have benefited one kind of trader: the stock broker.<\/strong> That is the contention of Bloomberg\u2019s Ahmed Feteha<\/a>, who compares the fate of financial services in Egypt to those of selling fruit and veggies on the streets. Foreign investments in the stock market have led the EGX on a record run in January, while Egyptian debt has proven very attractive to investors, a benefit little understood and felt by the majority of Egyptians. The key for this benefit to translate into the wider economy rests on the people\u2019s patience and the risks of a return to social and political unrest. For now, at least, the risk appears low, the author argues.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s economic reforms have benefited one kind of trader: the stock broker. That is the contention of Bloomberg\u2019s Ahmed Feteha, who compares the fate of financial services in Egypt to those of selling fruit and veggies on the streets. Foreign investments in the stock market have led the EGX on a record run in January, […]<\/p>\n","protected":false},"author":1,"featured_media":650498,"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":[7233],"tags":[2386,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-egypt-in-the-news","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"ab00dbed-199f-4390-a151-3b4e6f2ee239","order":"0","is_powered_by":true,"section_story_id":"e42a68e6-e90b-4f64-8717-b529aa51cfd3","story_type":"1","photo_url":"https:\/\/ent.news\/2017\/3\/1529.jpg","photo_position":"above","related_issue":[650468],"teaser":"","voice_url":""},"yoast_head":"\nThe economic reforms have benefited one kind of trader: the stock broker - 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\/03\/26\/the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The economic reforms have benefited one kind of trader: the stock broker\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s economic reforms have benefited one kind of trader: the stock broker. That is the contention of Bloomberg\u2019s Ahmed Feteha, who compares the fate of financial services in Egypt to those of selling fruit and veggies on the streets. Foreign investments in the stock market have led the EGX on a record run in January, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-26T03:56:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1529.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\/2017\/03\/26\/the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The economic reforms have benefited one kind of trader: the stock broker\",\"datePublished\":\"2017-03-26T03:56:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker\/\"},\"wordCount\":128,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1529.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Egypt in the News\",\"EnterpriseAM\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/the-economic-reforms-have-benefited-one-kind-of-trader-the-stock-broker\/\",\"name\":\"The economic reforms have benefited one kind of trader: the stock broker - 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That is the contention of Bloomberg\u2019s Ahmed Feteha, who compares the fate of financial services in Egypt to those of selling fruit and veggies on the streets. 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The breakdown: USD 13.1 bn in IMF loans, USD 90.7 bn worth of long-term obligations, and USD 11.3 from short-term debt, World\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\/10\/127.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":614530,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/04\/all-about-the-economy-in-the-foreign-press\/","url_meta":{"origin":650497,"position":1},"title":"All about the economy in the foreign press","author":"enterpriseam admin","date":"4 February 2024","format":false,"excerpt":"Egypt\u2019s coverage in the international press is still all about the economy, with\u00a0The Economist\u00a0saying that the country is too big to fail and the world should bail it out again even though previous economic reforms didn\u2019t turn out as planned. \u201cThe wider Middle East, already burning, cannot afford a conflagration\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2790.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563087,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/17\/wheat-suppliers-allowed-to-submit-shipment-bids-to-gasc\/","url_meta":{"origin":650497,"position":2},"title":"Wheat suppliers allowed to submit shipment bids to GASC","author":"enterpriseam admin","date":"17 June 2021","format":false,"excerpt":"State grain buyer GASC is allowing wheat suppliers to submit bids to ship the grain under a new amendment to the tender book for international wheat purchases, according to a document seen by Reuters.In detail: All suppliers can now bid directly to GASC, and can submit their guarantees to the\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/233.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567992,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/14\/what-the-markets-are-doing-on-14-december-2020\/","url_meta":{"origin":650497,"position":3},"title":"What the markets are doing on 14 December 2020","author":"enterpriseam admin","date":"14 December 2020","format":false,"excerpt":"The EGX30 rose 0.2% yesterday on turnover of EGP 1.2 bn. Regional investors were net buyers. 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