While the economic reforms of the past three years have pushed the country in the right direction and helped reduce the fiscal deficit, the interest bill is going to determine the scale of fiscal improvement in Egypt in the coming years, Moody’s said in a recently published paper.
13 Jan 2020
Spurred by unprecedented decline in global interest rates, global debt rise in the past decade has been greater, faster and more broad-based than during any previous “debt accumulation waves”, the IFI’s report states.
13 Jan 2020
Saudi Arabia’s Ministry of Energy kicked off the third round of Kingdom’s National Renewable Energy Program (NREP) and is seeking bidders on new projects with a total generation capacity of 1.2GW.
10 Jan 2020
Looking at the year ahead, energy companies worldwide could face challenges from weak commodity prices, regulatory barriers and a lack of access to funding, according to a recent note from Moody’s.
10 Jan 2020
Funding and liquidity will remain challenging to Latin America’s non-bank financing institutions (NBFIs) amid continued economic and political uncertainty on the continent, Fitch Ratings warned in a note to investors.
10 Jan 2020
Despite a number of high-profile periods of volatility in 2019, it was a strong year for emerging market external debt, argues Jan Dehn, Head of Research at Ashmore Asset Management. Boasting returns of 15%, the asset class is reaping the rewards of growing credit quality and increased diversification.
10 Jan 2020
Dubbed “Growth Law”, the controversial legislation could indeed boost the economic expansion, but comes with a number of caveats, BBVA analysts warn.
9 Jan 2020
The stellar returns produced by emerging market debt in 2019 are unlikely to be replicated in 2020, according to Claudia Calich, Head of Emerging Market Debt at M&G Investments.
9 Jan 2020
China’s economy is forecast to grow at a rate of 6.1% in 2020, according to Standard Chartered – 0.2% higher than the average market prediction of 5.9%.
9 Jan 2020
Specialized Islamic real estate financier Amlak Finance PJSC has said it managed to agree credit restructuring terms with about 95% of its existing creditors, putting it within touching distance of finalising its second restructuring in five years.
9 Jan 2020