Pre-Trading Thoughts

The IMF said it is working closely with the Egyptian authorities; Egypt is negotiating a program of support and technical advice” that “may include additional financing The EGP strengthened a bit against the USD yesterday, settling at EGP 18.42 Ministry of Electricity plans to review the tariff structure for selling electricity to consumers in July, considering EGP weakness and higher gas prices In addition to stakes in COMI and FWRY, ADQ is acquiring state-held stakes in ABUK, MFPC and ALCN ...