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’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 ...

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 will approach investment banks “very soon” to advise on a plan to raise between $3 billion and $7 billion from international debt markets by June, a Finance Ministry official said.

Egypt has raised $1 billion after reviving its global sukuk programme amid the ongoing regional uncertainty. The three-year sukuk was fully subscribed by sharia-compliant Kuwait Finance House through ...

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 ...

MidEast stocks were mixed, with Egypt gaining on its first day back from a holiday and after the government's international sovereign bond issue. Egypt's government was set to sell $4 billion of ...

Egypt plans to issue its first international sovereign sukuk, or Islamic bonds, in the 2019-2020 financial year, Finance Minister Mohamed Maait told Reuters on Wednesday. Maait did not give the ...

Gulf stock markets were mixed on Thursday, supported by strong global equities and oil prices, while Egypt surged on the back of the success of Cairo's international sovereign bond issue.

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, ...

DUBAI, July 11 (Reuters) - Some foreign buyers are returning cautiously to Egypt's international bonds, betting the country may succeed in stabilising its economy and engineering a tricky ...