Tuesday, 02 January 2024 12:17 GMT

Egypt Explores Local Green And Islamic Bonds To Boost Markets


(MENAFN- The Arabian Post) Egypt has announced plans to issue green bonds and Islamic sukuk domestically, aiming to attract diverse investors and expand its financial instruments. Finance Minister Ahmed Kouchouk revealed that the government is preparing to float bonds valued between EGP 5 billion and EGP 10 billion in the local market during the fiscal year's third and fourth quarters. These initiatives align with Egypt's broader strategy to diversify financing sources [...]">

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