Pre-Trading Thoughts

*Key news articles for today* The government is planning on offering up stakes in its majority-owned Port Said Container and Cargo Handling Company (PSCCHC) and Damietta Container and Cargo Handling Company (DCHC) on the EGX during 1Q25. The sources expect the government to offer 20-25% stakes in each company, with the IPO’s private placement focused on attracting major companies like the UAE’s AD Ports and DP World. Kuwait renewed a USD2 bn Central Bank of Egypt deposit certificate du...