Pre-Trading Thoughts
United Bank will kick off its planned offering on the EGX today. The total offering could see the bank raise up to EGP5.1 bn by floating an equivalent to a 30% stake. The number of tourists visiting Egypt increased during Jan - November 2024 by 4% compared to the same period last year. Egypt's imports of fuel shipments increased to more than USD12.5 billion during 10M2025, compared to USD10.5 billion in the same period last year. EGAS is negotiating long-term agreements to import LNG, moving ...
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