Pre-Trading Thoughts

Egypt's cast iron and steel exports surged to USD1.74 billion in the first nine months of 2023, up by 65% YoY. Saudi Arabia is seeking to increase mutual trade with Egypt to USD100 billion. Egypt is preparing to resume liquefied gas exports, as the imports of Israeli gas from the Tamar field increased again to levels exceeding the pre-Israeli aggression on Gaza levels, reportedly reaching about 850 million cubic feet per day currently. The General Authority for the Suez Canal Economic Z...