Pre-Trading Thoughts
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Government calls out media reports that it asked the IMF to increase its next disbursement as false. The government has approved offering manufacturers loans at a subsidized 15% interest rate to purchase equipment and production materials.Egypt's non-oil trade deficit declined by 4.4% YoY during the 9M24, attributed to an 11.1% growth in exports, despite an increase of 3% in imports.Cabinet approves official launch of comprehensive health insurance system in Suez next December, after suc...
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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