MIDEAST STOCKS-IMF rapprochement may lift Egypt's market; Emaar sets malls IPO range | Reuters:
"Egypt's stock market may react positively on Sunday to news that the Cairo government will invite an International Monetary Fund mission to visit, while bourses in the United Arab Emirates may continue recovering from last week's profit-taking, with Emaar Properties setting the price range for the initial public offer of shares in its malls unit.
Egypt will ask the IMF for a long-delayed economic assessment in the hope of improving the country's image before a February investment conference, the country's finance ministry said in a statement on Saturday.
The assessment will not necessarily lead to an IMF loan deal, but it is key to maintaining working relations with the global lender and could provide the government with valuable feedback and recommendations."
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