Pre-Trading Thoughts

AD Ports’ Noatum has acquired a majority stake in maritime, logistics, and cargo services provider Safina Shipping Services. Egypt’s unemployment rate fell to 6.5% of the total workforce in the second quarter of this year, falling 0.2 percentage points from the previous quarter. Renewables firm Infinity Power, Emirati state-run renewables giant Masdar, and the Egyptian Electricity Transmission Company (EETC) have made plans to build a 200 MW wind farm in Ras Ghareb. The project will cos...