The government plans to start collecting taxes on capital gains incurred from trading EGX-listed financial securities starting March-April 2025, according to a cabinet statement. Kuwait’s Alghanim International is reportedly looking to inject USD300 million worth of investments in the Berenice...

Market Overview  ADIB BTFH SWDY ETEL FWRY EFIH Prepared by: Mayada Amin- CFTe, CETA

Banks' net foreign assets position improved significantly by c.78% from a net liability position of USD13.2 billion in February to a net liability position of USD2.8 billion in March. Finance Minister now expects the country’s primary surplus to come in at 5.75% by the end of the current fiscal...