Pre-Trading Thoughts

Emirati sovereign wealth fund ADQ will lay the foundation stone for its USD multi-billion Ras El Hekma project on Friday, Deputy Housing Minister said. The Madbouly government will start introducing cash-based subsidies on a trial basis in certain areas of the country starting next fiscal year, Supply Minister said. Intro Group subsidiary Intro Technology signed a MoU with Omani data center leader Oman Data Park to establish a new USD450 million sustainable data center in the Suez Canal Econo...