MENA fund managers boost Egypt investments despite troubles, stable elsewhere: Reuters poll - Reuters:
Middle Eastern funds plan to increase their investments in Egypt, despite recent political protests, while keeping their exposure in the rest of the region at current levels, according to a Reuters poll.
Five of nine managers polled said they would increase their investments in Egypt, despite protests last month, amid improved economic indicators.
Last week, Egypt reported its lowest headline inflation rate in almost seven years, paving the way for further interest rate cuts.
No comments:
Post a Comment