Pre-Trading Thoughts

New tax hikes and development fees got the green light from the House Planning and Budgeting Committee The government made a number of amendments to the VAT, pending Parliament approval The US Federal Reserve’s Open Market Committee meets today and tomorrow, widely expected to announce it will taper its bond-buying program EAST inked an agreement to jointly manufacture Davidoff Evolve cigarettes; Will be sold within the mid-price segment, at EGP 32 a pack; Initial production is 100 mn sticks ...