Pre-Trading Thoughts

Oman and the Sovereign Fund of Egypt are looking into establishing a joint investment fund, which would participate in the state offering program and invest in projects across Egypt, with plans to inject USD5 billion in investments in Egypt over the next 3 years. Egypt's exports of liquefied natural gas recorded about 600 thousand tons during the month of April 2023, bringing the total exports during the first 4 months of 2023 to 2.5 million tons (c.USD1 bn). Egypt is getting a EUR60 mn facil...