Pre-Trading Thoughts

Around 4,000 expats have submitted requests to import vehicles under the government scheme, which will likely provide the state just USD62 million. An Egyptian-Dutch JV will build and manage a grain logistics hub at Alexandria port, under an MoU signed yesterday between the two companies and Alexandria Port Authority. The Suez Canal Authority (SCA) is in the process of acquiring 100% of South Red Sea Shipyard company, which specializes in building and maintenance of ships and yachts. AMER’s...