Pre-Trading Thoughts

Planning Minister: Egypt and Qatar are considering establishing a joint investment fund. Prime Minister during talks in Doha: Egypt is on its way out of its economic crisis and the currency shortage witnessed over the past year is almost at an end. Qatari investors will be allowed to repatriate profits and pledged not to introduce capital controls on FDI. Egytpt's CDS rates rose 55 basis points to 1,047, the highest this year, which led Egyptian international bonds to lose 2-3% of their value...