Pre-Trading Thoughts

Net International Reserves registered USD33.4 billion in October, an increase of USD214 million over September. The PMI index registered 47.7 last month, climbing 0.1 points from September. Egypt’s natural gas exports reached 1.5 billion cubic feet per day starting November, up from 700 million cubic feet per day in September. The World Bank intends to provide Egypt USD500 million to finance the Takaful and Karama program. The European Investment Bank is studying to finance ...