{"id":652700,"date":"2017-01-17T04:03:30","date_gmt":"2017-01-17T04:03:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/foreigners-to-buy-usd-10-11-bn-of-egypts-local-debt-el-garhy\/"},"modified":"2017-01-17T04:03:30","modified_gmt":"2017-01-17T04:03:30","slug":"foreigners-to-buy-usd-10-11-bn-of-egypts-local-debt-el-garhy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/foreigners-to-buy-usd-10-11-bn-of-egypts-local-debt-el-garhy\/","title":{"rendered":"Foreigners to buy USD 10-11 bn of Egypt\u2019s local debt -El Garhy"},"content":{"rendered":"

CORRECTION-<\/strong> Finance Minister Amr El Garhy said<\/a> he expects foreigners to buy USD 10-11 bn of Egypt\u2019s local debt. We mentioned incorrectly yesterday that Egypt was expecting foreigners to double their purchases of eurobonds. We regret the error. The piece was amended and updated on our website.<\/p>\n","protected":false},"excerpt":{"rendered":"

CORRECTION- Finance Minister Amr El Garhy said he expects foreigners to buy USD 10-11 bn of Egypt\u2019s local debt. We mentioned incorrectly yesterday that Egypt was expecting foreigners to double their purchases of eurobonds. We regret the error. The piece was amended and updated on our website.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652700","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1f8d74fa-bd06-4040-8d55-54c0ba61df9d","order":"0","is_powered_by":true,"section_story_id":"b7181b53-7493-4d9a-b538-836abbc1e476","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652686],"teaser":"","voice_url":""},"yoast_head":"\nForeigners to buy USD 10-11 bn of Egypt\u2019s local debt -El Garhy - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/foreigners-to-buy-usd-10-11-bn-of-egypts-local-debt-el-garhy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreigners to buy USD 10-11 bn of Egypt\u2019s local debt -El Garhy\" \/>\n<meta property=\"og:description\" content=\"CORRECTION- Finance Minister Amr El Garhy said he expects foreigners to buy USD 10-11 bn of Egypt\u2019s local debt. We mentioned incorrectly yesterday that Egypt was expecting foreigners to double their purchases of eurobonds. We regret the error. The piece was amended and updated on our website.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/foreigners-to-buy-usd-10-11-bn-of-egypts-local-debt-el-garhy\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-17T04:03:30+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/foreigners-to-buy-usd-10-11-bn-of-egypts-local-debt-el-garhy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/foreigners-to-buy-usd-10-11-bn-of-egypts-local-debt-el-garhy\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Foreigners to buy USD 10-11 bn of Egypt\u2019s local debt -El Garhy\",\"datePublished\":\"2017-01-17T04:03:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/foreigners-to-buy-usd-10-11-bn-of-egypts-local-debt-el-garhy\/\"},\"wordCount\":61,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/foreigners-to-buy-usd-10-11-bn-of-egypts-local-debt-el-garhy\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/foreigners-to-buy-usd-10-11-bn-of-egypts-local-debt-el-garhy\/\",\"name\":\"Foreigners to buy USD 10-11 bn of Egypt\u2019s local debt -El Garhy - 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SSIC, a subsidiary of the Public Investment Fund (PIF, KSA\u2019s sovereign wealth fund), purchased 65 mn shares for EGP\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652644,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/16\/egypt-could-double-size-of-targeted-eurobond-issuance\/","url_meta":{"origin":652700,"position":1},"title":"Egypt could double size of targeted eurobond issuance","author":"enterpriseam admin","date":"16 January 2017","format":false,"excerpt":"It is definitely the Finance Ministry\u2019s week in the spotlight. We learned yesterday that Egypt expects foreigners to buy as much as\u00a0USD 10-11 bn of local debt, but, as expected, the eurobond issuance\u00a0will all begin with a roadshow this week in which Egypt will be looking to raise USD 2-2.5\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591618,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/11\/foreigners-can-now-buy-citizenship-for-usd-250k\/","url_meta":{"origin":652700,"position":2},"title":"Foreigners can now buy citizenship for USD 250k","author":"enterpriseam admin","date":"11 December 2019","format":false,"excerpt":"CABINET WATCH- Foreigners can now acquire Egyptian citizenship for as little as USD 250k: The Madbouly Cabinet approved in its weekly meeting yesterday legislative amendments that will allow foreigners who hold assets in Egypt to buy citizenship, according to a statement. 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Central bank data picked up by Al Mal shows assets rose to USD 14.03 bn\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647249,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/07\/foreign-investors-holdings-in-t-bills-reach-usd-5-8-bn-as-of-april\/","url_meta":{"origin":652700,"position":4},"title":"Foreign investors\u2019 holdings in T-bills reach USD 5.8 bn as of April","author":"enterpriseam admin","date":"7 May 2017","format":false,"excerpt":"Foreign investors have increased their holdings in Egyptian treasury bills to USD 5.8 bn as of end of April, up from less than USD 1 bn before the EGP was floated in November, Finance Minister Amr El Garhy told President Abdel Fattah El Sisi in a meeting on Saturday. At\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650537,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/foreigners-invested-usd-3-1-bn-in-domestic-debt-kouchouk\/","url_meta":{"origin":652700,"position":5},"title":"Foreigners invested USD 3.1 bn in domestic debt -Kouchouk","author":"enterpriseam admin","date":"27 March 2017","format":false,"excerpt":"The carry trade is alive and well: Egypt attracted USD 3.1 bn of foreign investment in domestic debt instruments since the float of the EGP last November, Deputy Finance Minister Ahmed Kouchouk told Reuters. 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