Pre-Trading Thoughts

According to IMF Deputy Managing Director Antoinette Sayeh, the Fund expects to see the government achieve concrete results that will work to restore confidence in its economic reform package over the course of the next several weeks. Private equity firm Actis and Malaysian power company Edra have renewed their interest in acquiring one of the three Siemens-built power plants for USD2 billion. The Suez Canal Economic Zone’s (SCZone) Board of Directors approved selling a 20% stake in Por...