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Foreign holdings of Egyptian treasuries rise to USD 14.6 bn in February
Foreign holdings of Egyptian treasuries rose to USD 14.6 bn in February (EGP 249.6 bn) , compared to USD 13.7…
Egypt caps FY2019-20 state spending at EGP 1 tn
EXCLUSIVE- Gov’t caps FY2019-20 public spending at EGP 1 tn: The government has placed a EGP 1.01 tn cap on…
S&P sees strong growth prospects in Egypt
S&P sees strong growth prospects in Egypt: Egypt’s economy is expected to expand by 5.3% in real terms in the…
ADIB Capital to manage Egypt’s first sukuk issuance
ADIB Capital to manage the Egypt’s first corporate sukuk issuance: ADIB Capital, the investment banking arm of Abu Dhabi Islamic…
Flexible monetary policy: a buffer against government debt?
Flexible monetary policy: A buffer against government debt? Central banks need to be flexible in their monetary policy, rather than…
Egypt’s foreign debt rises to USD 96.6 bn in 2Q2018-19
Egypt’s foreign debt rises to USD 96.6 bn in 2Q2018-2019: The nation's foreign debt rose 16.5% y-o-y to USD 96.6…
Empower seeks USD 154 mn in funding from banks
Renewable energy company Empower is currently in talks with local and international banks for a USD 154 mn loan to…
FinMin could take Egypt’s first sovereign sukuks to market by early 2020, looks to hike cap on eurobond issuances through FY2021-2022
EXCLUSIVE- Egypt could take to market its maiden issuance of sovereign sukuks in early 2020, a senior government official tells…
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