Pre-Trading Thoughts

IMF denied that Egypt had applied for a new loan to face the repercussions of the Russian-Ukrainian war and high inflation Prime Minister granted incentives for investment activities related to the green economy, artificial intelligence, innovation support; Focus is on projects in the electricity and renewable energy sector, the education, and sports sectors Trade deficit declined in December 2021 by 21.6% YoY, to record USD2.41 billion The government sees the FY2021-22 budget deficit target ...