Pre-Trading Thoughts
*Key news articles for today* Arab leaders endorsed Egypt’s USD53 bn reconstruction plan for Gaza during yesterday’s emergency Arab League summit held in Cairo. Net foreign reserves rose to USD47.4 bn at the end of February 2025, marking a USD129 mn increase from January. Chinese companies are expected to invest USD2-3 bn in moving production to Egypt, particularly the Suez Canal Economic Zone (SCZone), as China looks to maintain export access to global markets amid trade pressur...
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