I listened that there's a new government formation there. The reappointed Prime Minister Mostafa Madbouly with his new government has an uphill task of lowering inflation that climbed to record levels last year because of boosting investment. Egypt's sovereign dollar bonds have surged in the news. That's a positive.

What I feel that the new government has to deal with many problems including Gaza war and power cuts. It will be interesting to see how they go about everything now.