Latest in Tag: JP Morgan Highlight
Latest in Tag: JP Morgan

Egypt officially joins JP Morgan’s index with 14 bond issuances worth $26bn
Maait added in a statement issued by the Ministry of Finance that Egypt’s accession to the JP Morgan index is a new certificate of confidence from foreign investors in the solidity of the Egyptian economy and its ability to deal flexibly with global challenges, especially that 90% of foreign investors in opinion polls supported Egypt’s entry into the index.

Egypt to re-join JP Morgan’s emerging-market government bonds index by January 2022: Maait
Government to issue about $26bn worth bonds, with 1.85% share in index: Finance Minister

Egypt only MEA country to retain confidence of big credit rating agencies: JP Morgan
Egypt’s Finance Minister Mohamed Maait said the economic reforms that the political leadership had initiated with an insightful vision in a timely manner, and supported by the Egyptian people, helped the Egyptian economy stay resilient in the face of internal and external shocks.

Extending maturities of Egyptian debt instruments is helpful to enter global bond indexes: Citi Country Officer
Egyptian government is on the right track, says Abdel Kader

Egyptian pound’s performance improves BOP: JP Morgan
Bank forecasts a current account surplus of 1.4% of GDP in 2019/20, as per report

HSBC, JP Morgan, Morgan Stanley, Citibank, NBAD to arrange Egypt’s next eurobond issuance
Five international banks were chosen to arrange Egypt’s dollar-denominated eurobond issuance on 5 January 2018. The institutions are HSBC, JP Morgan, Morgan Stanley, Citibank and the National Bank of Abu Dhabi (NBAD), Finance Minister Amr El-Garhy announced on Thursday. El-Garhy said the $4bn eurobond issuance will be at the end of January 2018, which is …

Egyptian pound to remain volatile for near future: JP Morgan
The sharp foreign exchange adjustment, fiscal reforms, and increase in energy prices will increase inflation toabove 30% by Q2 of 2017

Bank giants settle rate manipulation charges
Seven major global banks have settled a lawsuit in the United States accusing them of market manipulation. They were suspect of colluding to rig the daily benchmark for interest rate exchange contracts.

IMF ‘praises’ Egypt’s efforts to improve customs: Finance Ministry
The Egyptian government requested an evaluation from the fund