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Egypt’s central bank chief briefed President Abdel-Fattah El-Sisi on an agreement with the Finance Ministry to tap international debt markets, as policy makers seek to bolster foreign-currency ...
Know more: In May, Egypt hosted a US-Egypt Policy Leaders Forum, where Madbouly announced that more than 1,800 American firms ...
The Egyptian government continues to reassure stakeholders of its commitment to economic reform.
This issuance follows the first issuance in February 2023, as part of the international sovereign sukuk programme, which amounts to approximately 5 billion dollars. It is also part of the Ministry of ...
Egypt intends to issue international bonds worth $3 billion $7 billion in the 2019-2020 financial year, Finance Minister Mohamed Maait said on Monday.
Egypt capitalises on bond boom with $3bn borrowing plan. ... and secured financing from the International Monetary Fund. There will probably be strong demand for Egypt’s bonds given the country ...
Egypt’s IMF-led strategy to overcome its debt distress sounds like a perfect recipe for a rally in the nation’s debt -- except that money managers are skeptical about the plan’s execution.
Last week, when the Egyptian 2020 bond yield was around 10 percent, frontier markets-focused investment bank Exotix switched to a buy recommendation on Egypt's 2020 and 2040 international bonds. "If ...
The Ministry of Finance has successfully returned to international markets and resumed its plan for international issuances of sovereign sukuk, having launched the second issuance of sovereign sukuk, ...
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