Pre-Trading Thoughts

Abu Dhabi Ports (ADP) wants to invest some EUR 500 mn to develop Egypt’s river transport infrastructure and industry. Eight players have expressed interest in setting up green hydrogen plants in Egypt, and MoUs are soon expected to be signed, according to Suez Canal Economic Zone (SCZone) CEO. The General Authority for Free zones and Investment (GAFI) is looking into applications for golden licenses submitted by 40 companies. The Industrial Development Authority (IDA) is currently...