Tag: economic reform
Egypt Emerging Markets Finance Headlines

Egypt to float military-owned firms as part of economic reform drive

North Africa PostComments Off on Egypt to float military-owned firms as part of economic reform drive

Egypt is preparing to list stakes in several military-affiliated companies on the stock exchange, in a major step towards reducing state control and encouraging private sector participation in the economy. Prime Minister Mostafa Madbouly announced the move following the signing of an agreement between the Sovereign Fund of Egypt, the Armed Forces’ National Service Projects […]
Business Headlines Tunisia

Tunisia’s constitutional crisis escalates political event risk, dims economic reform prospects – Moody’s

North Africa PostComments Off on Tunisia’s constitutional crisis escalates political event risk, dims economic reform prospects – Moody’s

“The absence of a constitutional court in Tunisia increases the risk of a prolonged political crisis, Moody’s Investors Service deemed in an issuer comment at the end of July, reports TAP news agency. This will further slow reform implementation upon which hinge disbursements under the umbrella of an envisioned new IMF loan agreement, according to […]