Pre-Trading Thoughts

Net foreign liability (NFL) position of banks records USD11.5 billion in January compared to USD10 billion in December Suez Canal revenues rose by 15.1% in February 2022, to USD545.5 million The government plans to buy 5.5 million tons of wheat from local farmers during the upcoming season, +38% EAST declared yesterday a price increase for 7 of its local products; This rise in prices adds EGP1,659 mn to the top-line, on an annual basis, or EGP553 mn to the four-month period remaining in FY21/...