Pre-Trading Thoughts
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In contrast to the IMF’s talk of being open to changing some of the terms of the loan agreement, Georgieva reiterated that “Egypt is better served by undertaking reforms sooner rather than later.” IMF Director Kristalina Georgieva stated that the Fund’s amendment to the basic and additional fees for programs and loans will save Egypt USD800 million up to 2030.Investment Minister Hassan El Khaitb will now be minister in charge of the Sovereign Fund of Egypt (SFE).The Green Climate Fund ha...
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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