Pre-Trading Thoughts

Prime Minister Mostafa Madbouly stated that the fifth review of the IMF loan program will start within few days, according to local press. Egypt is committed to paying USD725 million to the IMF during the current month of May, and USD962 million in June, after paying USD1.56 billion during 4M2025. The Madbouly government expects to raise USD4-5 bn from selling stakes in 11 state-owned companies during the fiscal year 2025-2026, as a part o...