JP Morgan

JPMorgan displays confidence in reforms, encourages investors to invest in Egypt’s T-bills

Thu, 07 Mar 2024 - 04:41 GMT

“The catalysts we have been waiting for have now materialized with the CBE hiking the policy rate aggressively at yesterday’s emergency meeting and at the same time allowing USD/LE flexibility”

Devaluation will raise pound to LE45-50 against USD: JP Morgan

Sun, 11 Feb 2024 - 06:01 GMT

JP Morgan expects that any currency adjustment will be accompanied by an increase in deposit interest rates by an additional 2 percent

JP Morgan to exclude Egypt from emerging market gov't bond index by end of January

Wed, 10 Jan 2024 - 08:48 GMT

In an official release, JPMorgan stated, "Egypt has been under index surveillance since September 21, 2023, due to issues related to reported difficulties in essential foreign currency convertibility by concerned investors."

Egypt back to JP Morgan’s Emerging Markets Index

Mon, 31 Jan 2022 - 10:12 GMT

Mohamed Maait, Minister of Finance, said that Egypt is one of two countries in the Middle East and Africa within the J.P. Morgan Emerging Market Bond Index (EMBI).

Finance Ministry: Egypt to join JP Morgan index end of Jan.

Sun, 12 Dec 2021 - 05:14 GMT

This, he added, should encourage big investment funds and foreign businessmen to put their money into Egyptian debt instruments in the local currency.

Egypt's joining of JP Morgan contributes to reducing cost of gov't debt: Standard & Poor's

Tue, 26 Oct 2021 - 02:19 GMT

S&P expected that Egypt’s accession to the index would contribute to achieving one of the Egyptian government’s debt management strategy objectives, which is to reduce the cost of financing, in addition to activating the stock market to increase its levels of liquidity, and enhance the demand for government debt instruments, which would reduce its cost through the decline in the return required by investors.

Egypt enters JPMorgan's emerging market government bond index

Thu, 14 Oct 2021 - 01:20 GMT

The estimated weight of Egypt in the index will be about 1.85 percent.

Egypt's Int'l Cooperation Min. discusses role of women in Business Sphere in J.P. Morgan’s “Women in Leadership Engagement Session”

Mon, 12 Apr 2021 - 03:55 GMT

In a session moderated by Alison Livesey, the Managing Director, Wholesale Payments: Global Market Management, Business Transformation and Strategic Execution, Western European Country Head, at J.P. Morgan, Al-Mashat spoke about her personal career trajectory, and the importance of the economic inclusion of women.

JP Morgan praises Egyptian economy performance amid pandemic: Finance Ministry

Thu, 06 Aug 2020 - 02:18 GMT

“Egypt has retained the confidence of all three international evaluation institutions, Standard & Poor's, Moody's, and Fitch, during one of the most difficult periods of the global economy,” the American bank stated.

JP Morgan and Ford cancel plans for Saudi investor event

Mon, 15 Oct 2018 - 09:52 GMT

Citigroup Inc (C.N) and Credit Suisse Group AG (CSGN.S) declined to comment on Sunday on their plans.