Pre-Trading Thoughts

The National Elections Authority (NEA) announced the timetable for the upcoming presidential election, confirming that the voting process will start as early as the first of December. Egypt seeks to increase the Asian Infrastructure Investment Bank (AIIB) investments portfolio in Egypt to USD2.3 billion up from the current USD1.3 billion. The government, represented by the General Authority for Investment and Free Zones, aims to decide on 45 new applications to obtain the golden licence to en...