Pre-Trading Thoughts

ADQ will invest USD 10 bn in industrial projects in Egypt, the UAE, and Jordan as part of a partnership signed in Abu Dhabi yesterday, within different sectors including agriculture, pharmaceuticals, minerals, petrochemicals, and textiles. The state plans to sell a 20-25% stake in Egypt Aluminum (EGAL) to a strategic investor. The transaction will take place through a capital increase. The ministry is studying partnerships with strategic investors for four factories: Pipes and Steel, Gl...