Pre-Trading Thoughts

-El Sisi gives instructions to move to cash subsidies instead of handing over subsidized fertilizers to peasants. Impact discussed in e-mail note. Beneficiaries: ABUK, MFPC, AlexFert (EKHOA), EFIH. -HELI announced that it has agreed to enter into a co-development agreement with Mountain View for the Heliopark land plot, which is 7.1 mn sqm. HELI stated that total revenues for the company from the project will add up to EGP115 billion, over 23-25 years. This represents EGP8.17 per share, which...