Allen Sandeep - Naeem Brokerage Director of Research

The video discusses Egypt's economic challenges, focusing on expected interest rate hikes due to inflation, currency depreciation, and cost-push inflation. It highlights the impact of wheat imports and subsidies on the economy, leading to a fiscal deficit. The Egyptian stock market's reaction to these issues is analyzed, along with the risks of foreign portfolio outflows. The video also examines the fertilizer market, noting unsustainable price levels and undervalued stocks in Egypt.

How are the food subsidies in Egypt expected to change due to inflation?

What impact does the current fiscal deficit have on Egypt's economy?

What are the potential risks associated with foreign portfolio outflows in Egypt?