Pre-Trading Thoughts

UK's Actis has agreed with the Sovereign Fund of Egypt to purchase the Gabal El-Zeit station for USD350 million. The government has received five offers from investors interested in acquiring the 580-MW wind farm, Planning Minister said, without disclosing the names of the would-be investors. The government agreed with the Gulf sovereign funds that invested in Egyptian companies that their profits from those companies would remain in Egypt for 3 years. The government is launching a digital ...