Pre-Trading Thoughts

Ten financial institutions will extend a USD2 billion loan for the Ministry of FinanceEGPC approved financing worth USD500 million, to pay part of the dues of international foreign oil companiesCBE issued instructions to banks to facilitate the procedures for exporting goldCIB 3Q21 net profit recorded a robust EGP3.8 billion (+19% q/q, +62% y/y), bringing 9M21 bottom line to EGP9.9 billion (+35% YoY)Ministry of Petroleum launched the first electronic system to manage trading and distributing ...