According to a plan released by the Ministry of Finance, 48 treasury bill auctions worth EGP 1.780trn and 40 bond auctions worth EGP 203bn are scheduled from January 1 to March 31. The Central Bank of ...

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 ...

Asharq Business, quoting three unnamed officials in Egypt and Kuwait, said the bonds would be issued for a three-year term and semi-annual return. The paper said the plan to issue such bonds was ...

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 ...

The Gulf markets went separate ways on Sunday as traders tried to make sense of two incoming punches: Q2 earnings reports and a new wave of trade threats coming straight from the White House. Donald ...

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, ...

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 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’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 ...