Egypt discusses possibility of issuing Egyptian bonds in Japan for 1st time

Mon, 17 Jan 2022 - 09:26 GMT

This comes within the plans to issue various medium and long-term government bonds, which target new instruments such as sukuk, sustainable development bonds, and green bonds; this contributes to expanding the investor base and attracting additional liquidity to the government stock market, in a way that helps reduce the cost of debt.

Egypt seeks to diversify sources of funding, simplify bond, sukuk market

Tue, 19 Oct 2021 - 12:43 GMT

The ministry is currently implementing some legal provisions related to capital gains tax, although this tax is not the main reason behind the decline in the number of companies listed on the stock exchange, she noted.

Egypt, South Korea discuss ways to increase investments in Egyptian bonds

Sun, 27 Jun 2021 - 02:39 GMT

Maait stressed during his meeting with the South Korean ambassador in Cairo, Hong Jin-wook that this prompts the government to overcome all obstacles and solve any problems that Korean companies operating in Egypt may face in the tax and customs fields.

Egypt seeks to issue bonds for sustainable development

Mon, 05 Apr 2021 - 04:39 GMT

The government aims to continue expanding modern financing tools in the field of sustainable development.

Foreign investments in Egyptian bonds exceed $25B

Wed, 10 Feb 2021 - 02:58 GMT

The minister emphasized that the budget for the current year 2020/2021 has a growth in public expenditures by about 9 percent, and a growth in tax revenues by about 13 percent.

Egypt denies intention to offer int'l bonds worth $7B during H1 of 2021

Sun, 20 Dec 2020 - 03:18 GMT

Maait confirmed, in a TV interview on, Saturday, that Egypt did not address a number of international banks regarding the offering, denying a previous Bloomberg report indicating this.

Egypt plans to raise $7B from int'l debt markets in H1 of 2020

Tue, 15 Dec 2020 - 04:08 GMT

The offers had been sent to banks, and that the offers included dollar-and-euro- denominated bonds.

Egypt exempts bonds offered abroad from taxes, fees

Wed, 11 Nov 2020 - 03:25 GMT

This came during the weekly meeting of the Egyptian Cabinet headed by Mostafa Madbouly, where he discussed many important files and issues.

Egypt remains ‘favorite’ for portfolio investors: Bloomberg

Tue, 24 Dec 2019 - 10:52 GMT

According to Bloomberg, Societe Generale SA forecasts that the currency will gain another 4.5 percent to 15.35 per dollar in 2020.

Egypt receives $70B on its int’l bond issuance

Wed, 11 Dec 2019 - 03:08 GMT

The volume of international bond issuance put up by Egypt amounted to about $20 billion, in light of the developments recently witnessed by the economy, Amer said.

Talaat Moustafa to issue LE 2B bonds

Mon, 09 Dec 2019 - 10:56 GMT

This comes in the framework of the company’s endeavor to diversify the sources of financing by entering the bond and sukuk market.

Egypt’s 1st short-term securitization for LE 167M closed: Premium Int'l

Sun, 24 Nov 2019 - 04:39 GMT

Premium International for Credit Services announced Sunday the closing of Egypt’s first short-term securitization transaction, worth LE 167 million backed by a portfolio of consumer card receivables in the total value of LE 184 million.

Egypt to offer euro-denominated bonds on Nov. 11

Thu, 07 Nov 2019 - 03:56 GMT

For the current fiscal year, the budget deficit is estimated to record LE 445.1 billionplanned to be financed through treasury bills and bonds and through international and Arab loans.

Egypt considers issuing int’l bonds in local currency

Wed, 28 Aug 2019 - 04:41 GMT

Egypt postponed the bond offering in 2018 after the emerging markets' crisis.

Bond yields keep falling, stocks try to steady

Thu, 28 Mar 2019 - 09:58 GMT

Sterling was also hit by a bout of Brexit blues after a round of votes in the U.K. parliament failed to produce any new plan to manage its divorce from the European Union.

Egypt to issue euro-denominated bonds next week: source

Thu, 21 Feb 2019 - 02:22 GMT

The source added that the issuance is expected to be widely subscribed in light of global interest in Egyptian bonds.

Egypt to issue more int’l bonds by end of June: Minister

Wed, 20 Feb 2019 - 02:46 GMT

Ma’it clarified that the upcoming issuance will be in currencies other than dollar or through new products.

Egypt seeks to raise longer-dated debt to 70% by 2022

Wed, 20 Feb 2019 - 12:19 GMT

We used to borrow to repay both maturing debt as well as to finance new debt,” Kojak said.

Figures to know about Egypt’s economic indicators in H1 2018/19

Wed, 06 Feb 2019 - 01:21 GMT

Egypt Today reviews the most significant indicators that Egypt achieved during July to December period of fiscal year 2018/2019.

Egypt picks banks to manage international bond issues

Mon, 28 Jan 2019 - 09:53 GMT

Egypt has decided that Goldman Sachs, JP Morgan, HSBC and Citi Bank will manage the dollar-denominated bond issue, the ministry said in a statement.