{"id":674688,"date":"2025-11-02T00:00:00","date_gmt":"2025-11-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/"},"modified":"2025-11-02T00:00:00","modified_gmt":"2025-11-02T00:00:00","slug":"four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/","title":{"rendered":"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends.<\/strong> We hope you\u2019re enjoying your first day back to a fresh new workweek. The news cycle seems to be off to a slow start after the excitement of the GEM\u2019s opening last night, but it\u2019s too early to tell if it will hold.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> ? <strong>Four Gulf banks will subscribe in our first-ever local sukuk issuance <\/strong><strong>hitting the market tomorrow<\/strong>, with settlement scheduled for the day after, according to a document seen by EnterpriseAM. The first EGP 3 bn, three-year tranche of the program will be an ijara issuance \u2014 a leasing-based Islamic security \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bbf39fe3-7273-4890-a73d-1616408be585\/gcc-sovereign-wealth-fund-to-announce-big-ticket-project-in%253cmark%253e-ras%253c%2Fmark%253e-shukeir-in-the-coming-days\" style=\"\" rel=\"noopener\">linked to assets owned by the Finance Ministry<\/a> in the Red Sea\u2019s Ras Shukeir area, a source told us last week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who\u2019s interested?<\/strong> Our maiden local sukuk issuance has attracted the interest of Abu Dhabi Islamic Bank, Kuwait Finance House, Faisal Islamic Bank, and Al Baraka Islamic Bank, in addition to primary dealers from our banking sector, a senior government source told EnterpriseAM. \u201cThis involvement is expected to enhance the competitiveness of the new issuances,\u201d our source told us.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Strong bank appetite prompted the Finance Ministry to quadruple its wider sukuk <\/strong><strong>program to EGP 200 bn <\/strong>planned for the fiscal year, a senior government source told us. This represents eightfold the target of the original program, before being <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf61794d-31ee-4f93-9f1b-0b7aa86322c9\/egypt-to-issue-its-first-ever-egp-denominated-sukuk-this-month\" style=\"\" rel=\"noopener\">doubled<\/a> last month amid strong appetite. This comes after several meetings between officials from the Finance Ministry and representatives from 15 banks to further raise the program value.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">? <strong>US<\/strong><strong> President Donald Trump\u2019s threat of military action against Nigeria is <\/strong><strong>leading the digital front pages this afternoon<\/strong>, ordering the Pentagon to begin military planning. Trump also threatened to cut off aid to the West African nation, effective immediately, accusing them of failing to thwart the persecution of Christians in the country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cIf the Nigerian government continues to allow the killing of Christians, the [US] will <\/strong><strong>immediately stop all aid and assistance to Nigeria<\/strong>, and may very well go into that now disgraced country, \u2018guns-a-blazing,\u2019 to completely wipe out the Islamic Terrorists who are committing these horrible atrocities,\u201d Trump <a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/115476385101120405\" style=\"\" rel=\"noopener\">said<\/a> on Truth Social. \u201cIt will be fast, vicious, and sweet,\u201d the Nobel Peace Prize self-nominee said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Nigerian President Bola Ahmed Tinubu rejected the accusations<\/strong>, affirming Nigeria\u2019s constitutional assurances of religious liberty in a <a target=\"_blank\" href=\"https:\/\/x.com\/officialABAT\/status\/1984640117361840491\/photo\/1\" style=\"\" rel=\"noopener\">statement<\/a> published on X. \u201cThe characterisation of Nigeria as religiously intolerant does not reflect our national reality, nor does it take into consideration the consistent and sincere efforts of the government to safeguard freedom of religion and beliefs for all Nigerians,\u201d the statement reads. (<a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/11\/01\/politics\/trump-pentagon-nigeria-action\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-01\/trump-warns-nigeria-it-may-face-us-military-action-over-attacks\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/2025\/nov\/01\/trump-nigeria-christian-persecution\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/trump-says-christians-face-existential-threat-nigeria-adds-country-watch-list-2025-10-31\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/11\/01\/world\/africa\/trump-nigeria-military.html\" style=\"\" rel=\"noopener\">New York Times<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/348.jpg?ssl=1\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Inside Industry day \u2014 your weekly Sunday briefing on all things industrial in <\/strong><strong>Egypt.<\/strong> Inside Industry explores what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning through to product distribution, land allocation, industrial processes, supply chain management, labor, automation and technology, inputs and exports, and regulation and policy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER-<\/strong> We\u2019re in for a cloudy day in the capital tomorrow, with a high of 30\u00b0C and a low of 22\u00b0C, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends. We hope you\u2019re enjoying your first day back to a fresh new workweek. The news cycle seems to be off to a slow start after the excitement of the GEM\u2019s opening last night, but it\u2019s too early to tell if it will hold. THE BIG STORY TODAY- ? Four Gulf banks will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":674689,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7213],"tags":[204,633,280,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-674688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-banking","tag-enterprisepm","tag-sukuk","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"699dd139-788a-4510-8a96-d2f3b6baa50e","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/4\/1489.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance","related_issue":[674686],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.8e08a045-892d-4f79-b071-7b65f9bfe2ca.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance - 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\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends. We hope you\u2019re enjoying your first day back to a fresh new workweek. The news cycle seems to be off to a slow start after the excitement of the GEM\u2019s opening last night, but it\u2019s too early to tell if it will hold. THE BIG STORY TODAY- ? Four Gulf banks will [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-02T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance\",\"datePublished\":\"2025-11-02T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/\"},\"wordCount\":560,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1\",\"keywords\":[\"banking\",\"EnterprisePM\",\"sukuk\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/\",\"name\":\"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-11-02T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/","og_locale":"en_US","og_type":"article","og_title":"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance","og_description":"Good afternoon, friends. We hope you\u2019re enjoying your first day back to a fresh new workweek. The news cycle seems to be off to a slow start after the excitement of the GEM\u2019s opening last night, but it\u2019s too early to tell if it will hold. THE BIG STORY TODAY- ? Four Gulf banks will [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2025-11-02T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance","datePublished":"2025-11-02T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/"},"wordCount":560,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1","keywords":["banking","EnterprisePM","sukuk","WHAT WE\u2019RE TRACKING TONIGHT"],"articleSection":["WHAT WE\u2019RE TRACKING TONIGHT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/","url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/","name":"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1","datePublished":"2025-11-02T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/four-gulf-banks-eye-egypts-egp-3-bn-inaugural-local-sukuk-issuance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Four Gulf banks eye Egypt\u2019s EGP 3 bn inaugural local sukuk issuance"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1489.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":674722,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/03\/four-gulf-banks-eye-our-egp-3-bn-local-sukuk-issuance\/","url_meta":{"origin":674688,"position":0},"title":"Four Gulf banks eye our EGP 3 bn local sukuk issuance","author":"enterpriseam admin","date":"3 November 2025","format":false,"excerpt":"Strong appetite prompted the Finance Ministry to quadruple its wider sukuk program for the fiscal year to EGP 200 bn","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/728.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":675714,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/18\/our-second-local-sukuk-issuance-was-11x-oversubscribed\/","url_meta":{"origin":674688,"position":1},"title":"Our second local sukuk issuance was 11x oversubscribed","author":"enterpriseam admin","date":"18 November 2025","format":false,"excerpt":"The Finance Ministry attracted an order book of EGP 33 bn","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/54.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569745,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/05\/egypts-echem-planning-egp-1-bn-sukuk-issuance\/","url_meta":{"origin":674688,"position":2},"title":"Egypt\u2019s ECHEM planning EGP 1 bn sukuk issuance","author":"enterpriseam admin","date":"5 March 2020","format":false,"excerpt":"DEBT WATCH- ECHEM planning EGP 1 bn sukuk issuance: The Egyptian Petrochemicals Holding Company (ECHEM) is considering issuing EGP 1 bn-worth of sukuk to help finance its subsidiaries\u2019 ongoing projects, Al Shorouk reported, citing company sources. The issuance would make ECHEM the first state-owned company to issue sukuk. According to\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":674326,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/27\/egypt-postpones-local-sukuk-issuance\/","url_meta":{"origin":674688,"position":3},"title":"Egypt postpones local sukuk issuance","author":"enterpriseam admin","date":"27 October 2025","format":false,"excerpt":"Good afternoon, folks. The news cycle has been calm so far this week \u2014 we\u2019re hoping it holds steady, but with many international diplomatic activities set for the week, we\u2019re worried it\u2019s the calm before the storm.THE BIG STORY TODAY-? The Madbouly government postponed its first ever local sukuk issuance\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2510.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":583382,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/22\/this-evening-egypt-closes-its-maiden-sukuk-issuance-with-a-c-4x-oversubscription\/","url_meta":{"origin":674688,"position":4},"title":"THIS EVENING: Egypt closes its maiden sukuk issuance with a c.4x oversubscription","author":"enterpriseam admin","date":"22 February 2023","format":false,"excerpt":"Good afternoon, ladies and gentlemen. It\u2019s a brisk news day as we get closer to the weekend here in Omm El Donia.THE BIG STORY TODAY-Egypt closes its USD 1.5 bn sukuk issuance: The Finance Ministry successfully closed its maiden sukuk issuance on the London Stock Exchange (LSE) this morning, according\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570729,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/13\/egyptian-state-owned-banks-snap-up-tmg-sukuk-issuance\/","url_meta":{"origin":674688,"position":5},"title":"Egyptian state-owned banks snap up TMG sukuk issuance","author":"enterpriseam admin","date":"13 April 2020","format":false,"excerpt":"State-owned banks snap up TMG sukuk issuance: Three state-owned banks have taken 97.25% of the EGP 2 bn of sukuk issued by Talaat Moustafa Group last week, Al Mal reports, citing unnamed informed sources. Banque Misr and Banque du Caire each bought EGP 725 mn of the securities and Suez\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/115.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/674688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=674688"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/674688\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/674686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/674689"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=674688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=674688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=674688"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=674688"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=674688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}