Pre-Trading Thoughts

Inflation expectations for November: Expect urban annual inflation to cool down to 5.7%, benefiting from a favorable base effect and a slower increase in the prices of some food items The state budget recorded a primary deficit of EGP4 billion in 1QFY2021/22 The Sovereign Fund of Egypt will participate in 3-4 green hydrogen production projects in 2022 The House of Representatives Industry Committee suggested calculating the real estate tax for industrial establishments using the book value, i...