Pre-Trading Thoughts

Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund, said that the Fund’s negotiations with Egypt and Tunisia to obtain financing “are in continuous progress, and within a short period they will be completed.” Egypt and Danish shipping giant Maersk could cooperate on a USD 15 bn project to produce clean fuel for ships. HRHO’s CEO Karim Awad is extremely bullish on the countries in which HRHO operates and singled out the Gulf Cooperation Coun...