EGYPT RISES

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...