Pre-Trading Thoughts 26/9/2021


-Egypt issued USD3.0bn Eurobonds on three tranches
-Brent hits 3-year highs at USD78/bbl
-Taxes will be levied on online content creators
-Tourism sector in Egypt is coming back to life, with a surge in British bookings and Romanian  flights
-e-cards to issue 6mn cards under "Meeza Peasants" program (e-finance)
-EAST to produce e-cigarettes in 1Q2022; Attempts to utilize EGP4 bn of idle assets
-Nissan Africa, Skoda, and Bosch presented their plans to establish investments in automobile manufacturing in East Port Said
-Pharma sales recorded EGP53.8 billion as of August 2021, +6.2% YoY
-SPMD to inaugurate the first phase of Speed ​​Hospital within weeks, and plans to open 13 new branches of Speed Labs
-SAUD has appointed Hazem Hegazy as vice chairman and CEO

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