Mubasher: Egypt is forecasted to see economic improvement during the current year, said Wall Street Journal in a report published today.
Citi frontier markets analyst Andrew Howell is “seeing encouraging signs emerging. Investors the bank surveyed in December are expecting meaningful gains and funds inflows, and are enthusiastic about the prospects for a handful of markets, including Pakistan, Egypt, Vietnam, Sri Lanka and Romania.
In addition, the analyst expected Nigeria, Lebanon, Argentina and Kuwait to emerge from recession this year.
