Pre-Trading Thoughts

The government is going to invite private-sector players to manage the nation’s airports, Prime Minister said. Net International Reserves reached USD35.10 billion at the end of October 2023 compared to USD34.97 billion at the end of September. Raising fuel prices saves the state’s budget about EGP13 million per day, equivalent to EGP400 million per month. The cost of electricity subsidies reportedly amounts to about EGP79.8 billion during the current fiscal year, driven by the delay of ...