Pre-Trading Thoughts

The World Bank approved a new USD7 billion partnership agreement with Egypt. The Federal Reserve announced another 25 basis point interest rate hike. IFC, the Sovereign Fund of Egypt, and the European Bank for Reconstruction and Development have partnered to boost the supply of safe drinking water in Egypt through a public-private partnership. New and renewable energy budget for FY23/24 is set to be EGP8.4 billion. GAFI signed an MoU with an alliance of firms to establish Cairo International ...