Pre-Trading Thoughts

The Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund, has deposited USD1 billion into the Central Bank of Egypt. Egypt has signed a number of partnerships with international finance institutions and development partners to implement projects worth USD15 billion under its Nexus on Water, Food and Energy (NWFE) program. The EGX yesterday announced it would set up Africa’s first voluntary carbon market on the sidelines of COP27. GB Auto’s Raouf Ghabbour passed away yesterday...