Pre-Trading Thoughts

The base wage used to calculate national ins. contributions for public and private sector workers will be raised to a minimum of EGP2k and a maximum of EGP12.6k as of 1 January 2024. The flow of traffic in the Suez Canal remains normal, authority head said. Egypt received USD8.8 billion in external financing for the government and private sectors during 2023, compared to USD13.7 billion in 2022, a decrease of 35.7%. Egypt's non-petroleum exports increased in 10M2023 by 5.3% YoY, to record USD...