Pre-Trading Thoughts

Egypt has USD42.3 billion in foreign debt repayments in 2024, including interest payments. According to CBE data, Kuwait has rolled over a total of USD4 billion deposits. Also, the data shows a rollover of a USD1 billion UAE deposit. China-based chemicals manufacturer Befar Group could build a USD2 billion industrial complex for producing specialty chemicals in East Port Said under a letter of intent inked with the SCZone last week. Norwegian renewables developer Scatec will establish a 1-GW ...