Pre-Trading Thoughts

Qatari Finance Minister said that Qatar is committed to fulfilling its pledge last year to invest USD5 billion in Egypt. The Finance Ministry is looking to secure more long-term concessional loans from regional and international development banks to fund healthcare, education, and food spending. The CBE expects Egypt to receive USD15.2 billion in dollar funds during the coming 12 months from April 2023 and through March 2024. Ministers have approved relaxing rules on freezones under gov...