Pre-Trading Thoughts

Government calls out media reports that it asked the IMF to increase its next disbursement as false. The government has approved offering manufacturers loans at a subsidized 15% interest rate to purchase equipment and production materials. Egypt's non-oil trade deficit declined by 4.4% YoY during the 9M24, attributed to an 11.1% growth in exports, despite an increase of 3% in imports. Cabinet approves official launch of comprehensive health insurance system in Suez next December, after ...