Pre-Trading Thoughts

An Emirati investor offered to buy all the shares of Misr Life Insurance Company, which is listed in the government public offering program. The Sovereign Fund of Egypt prefers the option of offering a share of the company on the EGX of no less than 25%, and intends to implement this offering during 1H2024. The Transport Ministry has nominated its investment arm MOT Investment and Projects and the state-owned shipping firm National Navigation Company (NNC) to be added to the privatization pro...