Pre-Trading Thoughts

Ministers have given the green light to the Finance Ministry to take a fresh USD500 million issuance of JPY-denominated bonds to market. The so-called “Samurai bonds” would carry a tenor of five years. Prime Minister has issued a decision to double the Sovereign Fund of Egypt’s authorized capital to EGP400 billion. The cabinet approved the launch of a council for green hydrogen tasked with overseeing the implementation of the government’s green hydrogen strategy. The cabinet agreed to set up ...