Egypt’s economy is expected to grow between 4.5 percent and 5 percent in the second quarter of …
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Renaissance Capital
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FeatureFinancial InstitutionsMoney
Renaissance Capital sees Egypt’s GDP at 3.5% in 2020, 2.8% in 2021, 5% in 2022
Renaissance Capital (RenCap) forecasts in a recent report that Egypt’s real GDP growth to record 3.5 percent …
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Banks
Russian billionaire’s bank bets on Egypt as Mideast risk rises
by Yomna Yasserby Yomna YasserRenaissance Capital, the investment bank owned by Russian billionaire Mikhail Prokhorov, is taking a long-term bet on …
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Carlyle Group, one of the world’s largest private equity firms, plans to inject investments worth $100 million …
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Financial Institutions
World’s deepest devaluation tempts foreign investors back to Egyptian market
by Yomna Yasserby Yomna YasserAs Egypt reaps the rewards of an intense devaluation, it has managed to tempt foreign investors back …
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Banks
Russia’s investment bank Renaissance Capital to open Egypt office
by Yomna Yasserby Yomna YasserRussian investment bank Renaissance Capital is planning to open an office in Cairo this year as it …
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Egypt News
Egypt nears becoming Africa’s ‘second largest in dollar terms’ – FT
by Yomna Yasserby Yomna YasserLagging behind South Africa by merely $2 billion, Egypt is a “whisker” away from overtaking South Africa …
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Industry & Trade
Qalaa Holdings hires Renaissance Capital to study Funding Options
by Yomna Yasserby Yomna YasserEgypt’s Qalaa Holdings, African leader in infrastructure and industry, announced Tuesday it hired Renaissance Capital to look …