Pre-Trading Thoughts
Egypt is expected to join the JP Morgan bond index for emerging markets by the end of January 2022 Egypt has emerged as one of Turkey’s most important LNG suppliers so far in 4Q2021, shipping seven cargoes since the beginning of October IRAX BoD announced its approval of the acquisition of 18% of Egyptian Steel for EGP2.5 bn; Transaction will be financed from internal resources, with 50% of the value to be paid upon execution and the rest will be paid in two equal installments over two years;...
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