Cairo stocks top emerging markets, buoyed by Gulf investments, economic reforms
The turnaround has been fueled in part by $35 billion in Abu Dhabi sovereign fund investment that helped ease Egypt’s foreign-currency crunch
MOHAMMED ABED/AFP via Getty Images
The skyline of Cairo's Nile river island
Egyptian stocks are outperforming most emerging markets as investors warm to signs of economic stabilization following months of reform and fresh capital from the Gulf.
The turnaround has been fueled in part by $35 billion in Abu Dhabi...