Pre-Trading Thoughts

The government plans to start collecting taxes on capital gains incurred from trading EGX-listed financial securities starting March-April 2025, according to a cabinet statement. Kuwait’s Alghanim International is reportedly looking to inject USD300 million worth of investments in the Berenice maritime port. China’s state-owned Xinxing Ductile Iron Pipes Company is planning to follow up its under-construction iron pipes factory in the TEDA industrial park with USD250 million of future i...