Egypt, Citigroup mull cooperation to promote macroeconomic stability

Egypt and Citigroup have probed boosting cooperation in setting policies to promote macroeconomic stability and private sector empowerment.

Updated 9/11/2024 12:07:00 PM

Citigroup turns bullish on Egypt’s dollar bonds for its strategic geopolitical position

Citigroup Inc. has turned bullish on Egypt’s dollar bonds, saying that the country will access further financing, given its major geopolitical location.

Updated 10/29/2023 7:33:00 AM

Citigroup reduces overweight call on Egypt’s bonds

Strategists at Citigroup have cut their overweight call on Egypt’s bonds over concerns about the country’s slow progress in selling state assets.

Updated 8/13/2023 8:09:00 AM

Citigroup expects no further EGP devaluation until September

“This summer season can be an important short-term stabilizer until we start getting serious reviews again in September and October,” said Costa, who is also the head of strategy in central & eastern Europe, Middle East and Africa.

Updated 6/8/2023 2:40:00 AM