Pre-Trading Thoughts

Correction: The PM referred to the coordination with Paris Club and some Arab states back in the early 1990s, which had resulted in the debt relief of USD43 billion of Egypt's external debt through a multi-year program that is still in effect, including a debt-investment swap, but did not refer to a "recently reached agreement" on this regard. The state ownership policy document is “nearly final.” The government has amended about 30% of the document after receiving feedback from private secto...