Pre-Trading Thoughts

Planning Minister: Egypt is not “yet” in talks with the IMF over a fresh loan LNG carriers will pay the full rate to transit the Suez Canal starting today The government is now aiming to buy more than 6 mn tons of domestic wheat this harvest season Remittances from Egyptians abroad rose 6.4% in 2021 to a record USD 31.5 bn The Fuel Pricing Committee started evaluating the rise of oil over gasoline prices ABUK will establish a new fertilizer factory for USD1.2 billion on the land plot acquired...