- Looking to repair an economy damaged by years of political upheaval, Egypt is "nearing the final stages" of its talks with the IMF to secure $7B annually over three years.
- Separately, Jordan and the fund have signed a letter of intent for a $700M credit facility to augment the kingdom’s reserves and help it cope with an influx of refugees.
- EGX 30 +4.8% to 7,900.
- ETFs: EGPT