ECR: Egypt’s finances will weather the storm

Despite growing concerns over Egypt’s ability to cope with a significant hit to its economy, the relative strength of the country’s finances mean that its leaders have some breathing space.

Deals of the year 2010: General Motors IPO

The numbers show that global equity capital markets volume was down a modest 1% last year compared with 2009, with a strong showing in emerging markets balancing declines of 16% in US ECM and 35% in Europe, as developed-world corporates caught their breath after the balance sheet repair in 2009.

Deals of the year 2010: RBS WorldPay sale to Bain/Advent

The up to £1.9 billion RBS WorldPay leveraged buyout was not only the second-biggest LBO in Europe in 2010 (after Tomkins), but it achieved this by skilfully tapping into the wave of appetite for leveraged loans that had been building throughout the region all year.

Financing: The balance of power

Orascom’s fund-raising shows that no matter where business comes from, financing power and expertise is still in the developed world.