Pre-Trading Thoughts

Monthly urban headline CPI inflation recorded 1.6% in March 2025 compared to 1.4% in February. On an annual basis, urban inflation recorded 13.6% compared to 12.8% in February. Egypt’s Fuel Automatic Pricing Committee raised on Friday prices of gasoline and diesel by EGP2, but kept diesel fuel supplied to electricity, food industries, and vehicle gas unchanged. Fitch Ratings affirmed Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B' with a Stable Outlook. S&...