Pre-Trading Thoughts

Egypt is expected to receive four LNG shipments by April, as the country looks to build up a strategic gas reserve. The Sovereign Fund of Egypt is conducting a comprehensive review of the privatization program that could see it expand the program to 40-60 state-run companies. Chinese textile manufacturer Jiangsu Guotai signed an agreement to set up a USD10 million readymade garment factory in the Qantara West Industrial Zone. The Tourism Support Fund approved extending the Aviation Incentive ...