Pre-Trading Thoughts

German companies are mulling several investments in Egypt, including: A EUR 1 billion direct reduced iron factory.A EUR 30 million flame-resistant material factory.A EUR 5 million first phase of a bicycle parts factory. Auto parts factory in Egypt.China Glass Holding subsidiary CNG Egypt New Energy Glass kicked off construction work on a USD300 million glass factory. The ro-ro shipping line connecting Damietta Port with Italy’s Port kicked off operations on Thursday with its first shipme...