Egypt

Yesterday's market turmoil has sent the euro tumbling back through support at US$1.3750/EUR, a development which could herald a period of renewed risk aversion, depending on today's... 2010-02-05

The rebound in the dollar puts our bullish EGP and ILS views on hold temporarily, although longer term, our view is that the greenback will strengthen against the beleaguered euro... 2010-01-21

After losing some ground in December as the dollar strengthened, the Egyptian pound has since bounced back, trading at EGP5.45/US$ at the time of writing. With the short-term rally... 2010-01-07

As 2009 comes to a close, we examine the relative performance of Middle Eastern stock markets over the year, and offer some initial thoughts on what to expect in 2010. A number of... 2009-12-31

BMI View: Reforms to allow short selling should deepen Egyptian equity markets and ease credit constraints for the private sector. However, heightened market and political risk may... 2009-12-09

Egypt's CASE-30 index has fallen decisively through the support level of 6,800 which we highlighted on November 12. Although today's move mainly reflects the Orascom Telecom fiasco,... 2009-11-19

We have long been saying that Egypt's strong growth and still high inflation justified a break in the easing cycle, but, now that it appears the central bank agrees - having left... 2009-11-16