Pre-Trading Thoughts

The Suez Canal Economic Zone is looking to global investors to set up a wind turbine blades production factory, which would be the first of its kind in the region. The Madbouly government is reportedly planning to increase its imports of Israeli gas by 20% to 1.2 bn cf a day starting next month. Suez Canal Economic Zone Chief Walid Gamal El Din laid the foundation stone for the Kemedi Chemical Company’s new USD30 million chemical manufacturing in the TEDA industrial zone in Ain Sokhna, accord...