Al Ahly Pharos

Pre-Trading Thoughts 16/9/2021


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  • Egypt to have a key role in Libyan reconstruction. SWDY and ORAS are key beneficiaries.
  • SWDY to inaugurate 3 factories in Tanzania and might establish an industrial city there
  • Fourth electricity connection line to be established with Saudi Arabia and SWDY might get awards
  • Remittances at a record USD31 bn
  • Today is MPC meeting day and rates should be maintained
  • Digitization of invoicing and transportation in Egypt: e-Finance is the sole beneficiary
  • EKHO trades in EGP on Sunday and 68% of shares converted to EGP from USD
  • New cash flow management strategy for developers and how they might cope
  • PIOH to split stock into three and our view on valuation gaps


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