Pre-Trading Thoughts

Egypt's economy grew by 9.8% in 1QFY2021/22, due to base effect and tourism recovery Egypt is developing a medium-term revenue strategy to increase tax revenues by 2% of GDP in four years Future Flow transactions/securitization will be introduced in Egypt, which allows companies to sell securities backed by future income Valu (HRHO) is preparing to penetrate new markets, led by Saudi Arabia; Local revenue target is EGP2 billion for 2021 and EGP4 billion in 2022 NBK- Egypt called for an ...