Pre-Trading Thoughts

Egypt's real GDP grew 9% YoY in 1HFY2021/22 compared to 1.35% a year earlier The IPOs and secondary stake sales of a handful of state companies under the privatization program are moving forward Egypt will be receiving newly announced additional natural gas exports from Israel via a new route through Jordan A consortium of UAE-based Metito Holdings, Scatec Solar, and ORAS is in talks with Egyptian authorities to build a USD 1.5 bn water desalination plant Six European banks will provide...