Pre-Trading Thoughts

Goods that have been piling up at Egypt’s ports are expected to be released in the coming days as the government rolls out a basket of measures to clear shipments that have been held up at customs, the Finance Ministry said. Importers who have finalized all their customs procedures, except for processing the Form 4 customs document, will be able to receive their shipments from customs, Finance Minister said. Some Egyptian banks resumed yesterday opening documentary credits for im...