Pre-Trading Thoughts

Import challenges facing manufacturers should be resolved within two months, El Sisi said. Egypt received 4.9 million tourists in 1H2022, compared to 2.6 million tourists in 1H2021. This points to tourism revenues of USD10 billion in 2022. The pre-offering fund of the Sovereign Fund of Egypt has started to list and acquire the assets that it plans to offer to strategic investors before the public offering, worth USD5-6 billion. The Egyptian Association of Fertilizers Dealers and Distrib...