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Egyptian government bonds have been cleared to join J.P. Morgan's GBI-EM investment index starting on Jan. 31, the investment bank said in a research note.

Water-scarce Egypt aims to more than quadruple desalination capacity by granting private companies concessions from its sovereign wealth fund to build 17 plants over the next five years with sustainable solar energy.

Egyptian government bonds have been cleared to join J.P. Morgan's GBI-EM investment index starting on Jan. 31, the investment bank said in a research note.

By Reuters Staff (Adds detail on JPMorgan index, debt strategy) CAIRO, April 27 (Reuters) - Egypt expects its domestic debt to be “Euroclearable” and open to a larger number of foreign investors by November, Finance Minister Mohamed Maait said on Tuesday. Egypt signed an agreement to create a cross-border link with Euroclear, Europe’s biggest settlement house for securities, in 2019. In a speech to the American Chamber of Commerce, Maait said that Egypt also expected to join JPMorgan’s GBI-EM investment index in a listing that could lift its local currency bond markets. Egypt and Ukra...

* Currency reform paves way for aid, debt relief * Dollar trade in banks still subject to restrictions * Black market currency activity has plummeted By Nafisa Eltahir, Khalid Abdelaziz and Patrick Werr KHARTOUM, March 3 (Reuters) - Sudan’s devaluation of its currency last month, a long-awaited step in tackling the country’s chronic economic crisis, initially caused confusion among banks, traders and clients. Yet less than two weeks after Sudan slashed the value of its pound and put a managed float in place, its banks are gradually taking over currency trades, opening the way for billions...