Pre-Trading Thoughts

President Abdel Fattah El Sisi yesterday inaugurated the country’s newest and largest railway station, Giza’s Bashteel Station. The CBE’s MPC is scheduled to meet on Thursday, 17 October. We expect the CBE to prefer to hold rates unchanged in its upcoming meeting. The Suez Canal Authority has rolled out fresh incentives and facilities for yachts passing through the waterway in a bid to promote yacht and marine tourism along the Red Sea coast — effective 1 November. Russia is pushing for the ...