Search Result
" sovereign bonds"

14 results

Business - Markets & Companies
8/7/2023 8:20:26 PM
Azimut Egypt is considering launching an investment fund for Egyptian expats to attract subscriptions in foreign currency, Ahmed Abou El-Saad, CEO & Managing Director of Azimut Egypt, said in a statement on Monday.

Business - Economy
2/22/2023 12:34:39 PM
Egypt sold on Tuesday its first US-denominated sovereign bonds, Islamic sukuk, with a total value of $1.5 billion, Minister of Finance Mohamed Maait said on Wednesday.

Business - Economy
2/21/2023 4:02:45 PM
Egypt initiated on Tuesday the issuance of its first US dollar-dominated sovereign bonds, known as Islamic sukuk, with a maturity of three years, in an effort to bridge the anticipated financing gap over the next four years.

Al-Ahram Weekly - Egypt
8/3/2022 12:10:00 PM
Recent rises in US interest rates are driving the dollar higher against other world currencies, including the Egyptian pound.

Business - Economy
6/4/2022 10:33:33 PM
Egypt plans to issue its first sukuk (Islamic sovereign bonds) in the upcoming FY2022/2023 with a key objective of financing the budget deficit, Minister of Finance Mohamed Maait told Ahram Online.

Business - Economy
10/7/2021 3:07:25 PM
Egypt has begun taking steps to obtain financial facilities to issue sukuk (Islamic sovereign bonds) and green bonds to the tune of $2 billion, the Ministry of Finance announced on Thursday.

Business - Economy
8/24/2021 12:14:52 PM
Finance Minister Maait explained that the offer’s proceeds will provide the required finances for the investment projects included in the economic and social development plan of the state’s public budget for FY2021/22

Al-Ahram Weekly - Economy
6/10/2021 12:28:00 PM
Egypt will soon be debuting its first sovereign sukuk bonds

Business - Economy
6/7/2021 12:43:19 PM
The bill paves the way for Egypt’s government to usher in an Islamic financing system, which recorded $2.7 trillion in transactions globally by the end of June, according to Maait

Egypt - Politics
6/6/2021 6:17:00 PM
The finance minister said the bill helps the government raise capital to spend on development projects

Egypt - Politics
6/5/2021 4:56:35 PM
The law will allow the Finance Ministry to issue Islamic sharia-compliant bonds necessary to raise capital for spending on development projects

Egypt - Politics
5/16/2021 7:33:36 PM
The proceeds of these bonds will be used by the Ministry of Finance to raise capital for spending on investment programmes and economic projects

Business - Economy
11/14/2011 1:26:04 PM
We will continue to participate in all auctions of government securities, CIB chairman tells Ahram Online

Business - Economy
1/2/2011 12:20:41 PM
2010's successful bonds issue recognized by international bodies as the Egyptian economy rated as the only one to experience expandsion in Africa and the Middle East