EFSA, CBE Asked By Finance Ministry To Suggest Sukuk Rules
The Egyptian Ministry of Finance is close to finalizing the first draft of the executive regulation of sukuk law as…
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Ahmed El Naggar
Finance Minister To Inaugurate Sukuk Practical Applications Conference Tomorrow
The Egyptian Minister of Finance Fayad Abdel Monem will inaugurate on Sunday the Practical Applications of Sukuk…
Finance Minister To Inaugurate Sukuk Practical Applications Conference Tomorrow
The Egyptian Minister of Finance Fayad Abdel Monem will inaugurate on Sunday the Practical Applications of Sukuk…
Finance Ministry Seeks Technical Support For Sukuk From CitiBank
The Egyptian Ministry of Finance will meet on Tuesday officials from CitiBank for the fourth time to discuss…
Egypt’s Debut Sukuk To Finance Project With US$ 300 Mln: Finance Minister Adviser
The required finance is the first criterion to choose the project that will be financed by Egypt’s debut sukuk…
Finance Ministry Holds Press Conference On Sukuk Today
The Egyptian Ministry of Finance will hold on Thursday a press conference on sukuk law, recently passed by Shura…
Egyptian Expats In France Offer To Invest US$1 Bln In Sukuk
Egyptian expatriates in France offered to invest US$ one billion in Egypt’s debut sukuk issuance, said Ahmed…
Egypt Govt Approves Law Allowing Islamic Bond Issues
The Egyptian government approved a draft law on Wednesday that will allow the state and private borrowers to issue…
Upper House Will Discuss EGX Tax Impact Before Ratification; Says Official
Dr. Ahmed El Naggar, Adviser to Egypt’s Minister of Finance, stated that the proposed stamp tax on the Egyptian…
Egypt Seeks Up to $1 Billion From Debut Sukuk: Islamic Finance
Egypt plans to raise as much as $1 billion by June from the sale of its first Islamic bonds as the government…
Shura Council Discusses Draft Sukuk Bill Without Waiting For Cabinet’s Approval
The Shura Council’s Finance and Economic Affairs Committee has decided to adopt the sukuk bill drafted by the…
Sukuk Allows Young Investors To Invest In Infrastructure Projects
The draft sukuk law, expected to be approved soon, will enable low-income people to invest their funds in Egypt’s…
JP Morgan Group Delegation To Visit Egypt Today To Discuss Sukuks
Dr. Ahmed El Naggar, Adviser to Egypt’s Minister of Finance and responsible for Sukuk draft file, announced that US…
Adviser To Finance Minister Criticizes Cabinet For Not Approving Sukuk Law Till Now
The draft sukuk law, prepared by the Egyptian Ministry of Finance in coordination with the Freedom and Justice…
Cabinet To Approve Sukuk Law On Wednesday
Egypt's Cabinet headed by the Prime Minister Hesham Kandil will approve the final draft of the sukuk law in its…
Sukuk Law Prohibits Selling State’s Fixed Assets: Finance Minister Adviser
Ahmed El Naggar, adviser to the Minister of Finance and the one responsible for sukuk, denied what was said about…
Sukuk To Attract US$200 Bln of Egyptians’ Overseas Investments
One of the main targets of introducing sukuk is to motivate Egyptians who own investments outside the country…
Finance Ministry Receives Standard Chartered Delegation To Discuss Sukuk Law
The Egyptian Ministry of Finance will receive today a delegation from Standard Chartered Bank to discuss the bank’s…
Sukuk To Provide US$ 15 Bln Annually: FJP
Ahmed El Naggar, a member of the economic committee of the Freedom and Justice Party and the person in charge of…
Demands For Enacting Sukuk Issuance Law In Egypt
The Egyptian Islamic Finance Association plans to submit a suggestion to the next People’s Assembly (Lower…