Pre-Trading Thoughts

The Egyptian government has finalised agreements with Emirati firm AMEA Power to build a solar park and a wind farm with a combined capacity of more than a gigawatt (GW) in a USD1.1 billion deal, the cabinet said. 29 global firms including IBM, Amazon, Microsoft and Majid Al Futtaim will up their investments in our outsourcing industry under agreements inked with the CIT Ministry’s Information Technology Industry Development Agency (ITIDA). The cabinet yesterday approved the final draft...