Pre-Trading Thoughts

SFE and QIA signed one of three MoUs between Egypt and Qatar during President El Sisi’s visit to Doha. The two countries also signed an agreement to cooperate on ports and social affairs. The Ministry of Transport is looking into 35 affiliated companies for potential listing on EGX. Abu Dhabi Ports acquired 70% of two Egyptian logistics companies, “Transmar” and “Transcargo International” (TCI), at a total deal value of USD140 million. Mopco stated that the new cabinet decision of applying a ...