Pre-Trading Thoughts

Egypt has reportedly set a pricing and payment mechanism for securing LNG supply agreements for the summer months. Chinese firm Di Seta has begun construction work on a USD40 million ready-made garments factory in the Qantara West Industrial Zone. Egypt's merchandise exports reached USD4.3 billion during January 2025, compared to USD3.3 billion in the same month of 2024, a growth of 30% YoY. The House of Representatives approved granting workers an annual bonus of no less than 3% of the insur...