Pre-Trading Thoughts

Cabinet approved the non-compliance of fertilizer companies to provide another 10% share of their production, other than the 55% subsidized quota, to the local market until May 1st; Companies are now allowed to export 45% of their production Electricity and energy generation stations have expanded the use of mazut, as an alternative fuel to natural gas in power plants, beyond March 2022 Norwegian renewable energy giant Scatec plans to build a green ammonium plant in Egypt Former EGPC head Abe...