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Pitch: Egypt Banking Sector| Rerating Is a MustThe Egyptian banking sector is poised for remarkable performance as we approach the release of third-quarter results for 2024. The combination of anticipated extraordinary results amid high interest rates and the compelling valuation metrics makes the Egyptian banking sector a prime candidate for investment. Our top picks for the sector are: ADIB (FV: EGP80.00, OW) and COMI (FV: EGP130.00, OW)The Madbouly government has reportedly asked the ...
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Imported mobile phones could be subject to customs and tax fees totaling 37.5%, as part of incoming government regulations to support the country’s mobile phone manufacturing localization efforts.Prime Minister is gearing up to announce “positive news” regarding the airport privatization plan...
Published 11/25/24
Published 11/25/24
Market Overview prepared by: Mayada Amin- CETA, CFTe
Published 11/25/24