Pre-Trading Thoughts

The Federal Reserve held steady on interest rates at the conclusion of its March meeting, and it’s sticking with its forecast for three interest rate cuts. The government has set up a ministerial committee that will select a consultant to manage, evaluate and market Sharm El Sheikh’s Ras Gamila development project. The committee is expected to make its choice next week. The government’s fuel pricing committee is set to meet within a week to look into raising fuel prices, with high expec...