MENA takes Brexit in stride, but economic impacts are real.
Asset Management
Short-term economic blow, outstripped by threat of EU project weakening.
Investors pile into Kazakhstan’s Tengizchevroil first deal in over a decade.
Since the conclusion of the political and economic crisis in 2010, Cote d’Ivoire has flourished in the debt market, more so even than other Sub-Saharan African countries that have benefitted from the hunt for yield. EMEA Finance examines the prospects for the country going forward.
A round-up of the winning banks, investment banks, brokers and asset managers from this year's EBA's.
Like so many hyped events, the first day of liberalised trading on the Tadawul, Saudi Arabia’s Stock Exchange, was a little bit underwhelming. Many commentators expected foreign investors to be queuing up at the door, waiting for entry into a room full of blue chip shares from previously inaccessible multi-billion-dollar market-cap companies.
Turkey has seen a re-balancing of its political landscape. The economic consequences are more difficult to ascertain. Analysts at BNP Paribas Investment Partners, the asset management arm of the French bank, believe there is likely to be short-term volatility but the long term implications of these results are quite positive.
Egypt’s domestic capital markets have been experiencing something of a resurgence, particularly its stock exchange. Listings started to pick up last year when in May Arabian Cement Company (ACC) tested the market with a US$109mn IPO.