Pre-Trading Thoughts

Prime Minister said that there is a plan to offer three to four companies affiliated with the military on the EGX. We should know more next week with the release of the government’s privatization plan for the coming period. Prime Minister said that foreign companies, both new to the market and veterans, are getting ready to launch projects, including in the automotive and renewable energy industries. Scatec’s Obelisk Solar was granted a golden license for a USD600 million solar project over a...