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Egypt may list its first green bonds in LSE this year
Egypt will consider listing its first green bond on the London Stock Exchange this year, said a joint statement by…
UK announces £24 million to support Egypt development sectors
UK announced on Monday a new financial assistance package totalling £24 million ($30.6 million) to support Egypt’s…
Egypt’s sovereign fund partners with UK Actis to help attract investment
Egypt’s sovereign wealth fund signed on Monday a partnership with UK-based private equity firm Actis to help allure…
Egypt signs $452.3 mln oil and gas deals
Egyptian Oil Minister Tarek el-Molla has signed nine offshore oil and gas exploration and production deals worth a…
Foreign investment in Egypt treasuries hit $22 billion end-Dec.
Foreign investment in Egyptian treasuries rose to $22 billion by the end of December, Finance Minister Mohamed…
Egypt’s Talaat Moustafa to issue its first sukuk in April
Egyptian property developer Talaat Moustafa Group, plans to issue sukuk, or Islamic bonds, worth 2 billion Egyptian…
Egypt H1 of FY20 budget deficit 3.8% of GDP – minister
Egypt’s budget deficit in the first half of the financial year was 3.8 percent of gross domestic product (GDP), up…
Egypt’s Industrial Development bank achieves profits of EGP 512m in 2019
Egypt's state-run Industrial Development bank (IDB) achieved profits of 512 million Egyptian pounds, before taxes,…
Egypt’s external debt increases 17.3% YoY to $108.7bn in FY19
Egypt’s external debt increased by $16bn to $108.7bn in fiscal year (FY) 2018/19, from $92.6bn in FY 2017/18, up…
Egy Lease to provide finances of EGP1bln during 2020
Egy Lease, the leasing arm of Industrial Development & Workers Bank of Egypt, seeks signing leasing contracts…