Latest in Tag: Morgan Stanley Highlight
Latest in Tag: Morgan Stanley

Maait meets with representatives of Morgan Stanley, Bank of America, Bank of New York in London
Diverse stimulus package for economic recovery from current global crisis, in implementation of presidential directives: Maait

Egypt great economic reform story in eyes of market: Morgan Stanley
We’re optimistic for Egypt, which now focuses on measures to increase private sector competitiveness, says head of Emerging Markets at Morgan Stanley

Goldman Sachs forecasts stronger pound, Morgan Stanley foresees volatility
Although there is no immediate pressure on currency to weaken, yet uncertainty over exchange rate will likely lead to fewer foreign inflows

HSBC, JP Morgan, Morgan Stanley, Citibank, NBAD to arrange Egypt’s next eurobond issuance
Five international banks were chosen to arrange Egypt’s dollar-denominated eurobond issuance on 5 January 2018. The institutions are HSBC, JP Morgan, Morgan Stanley, Citibank and the National Bank of Abu Dhabi (NBAD), Finance Minister Amr El-Garhy announced on Thursday. El-Garhy said the $4bn eurobond issuance will be at the end of January 2018, which is …

Morgan Stanley Index adjustments support EGX
MSCI adjustment leads to violent price movements in the short term, says El Nabarawy

Morgan Stanley earnings take a hit
US investment banking heavyweight Morgan Stanley has seen its third-quarter profits dropping steeply. The lender attributed the fall largely to poor bond trading operations, with major rivals not doing any better. New York-based investment bank Morgan Stanley on Monday reported a 42-percent drop in third-quarter net profit. The lender, which is also a major wealth …

Swiss regulators probe possible metals price fixing
Swiss competition authorities have said they’ve opened an investigation into whether a number of banks have been involved in the illegal fixing of precious metals prices. Deutsche Bank is among the scrutinized lenders. Swiss regulators announced a probe on Monday into whether a group of large banks had fixed prices in the lucrative precious metals …

International oil price reduction to save cash for Egypt’s budget: Economy professor
Crude oil prices have slumped to lowest level in five years due to potential increased market supply

Morgan Stanley confirms confidence in EGX, keeps it in Emerging Markets Index
Financial Institution remains confident on back of positive market developments

Morgan Stanley says internet companies overvalued, lowers view
Morgan Stanley analysts said the rise in the valuation of internet stocks has been due to investors looking at the total addressable market (TAM) opportunity with minimal focus on risks.

Bourse plunges to one-year low after MSCI announcement
Egypt may be bumped from “emerging market” to “frontier market” on lack of liquid investments
Debt rebalancing to boost MENA bond market: Morgan Stanley
DUBAI: Debt capital markets activity in the Middle East North Africa region should exceed last year’s total amount as firms rebalance their borrowing away from loans towards the bond market, Morgan Stanley executives said on Sunday. Loan volumes in MENA slumped significantly in 2011, down 36.8 percent to $39 billion, and much has been made …