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Egypt plans to issue $4 billion of international bonds over the next 12 months, seeking to diversify its financing sources ...
Arab Finance: Egypt plans to issue $4 billion in international bonds over the next 12 months, Bloomberg cited Minister of ...
The Egyptian government continues to reassure stakeholders of its commitment to economic reform.
The Ministry of Finance has successfully returned to international markets and resumed its plan for international issuances of sovereign sukuk, having launched the second issuance of sovereign sukuk, ...
Egypt's sovereign dollar bonds jumped nearly 3 cents on Monday, extending Friday's sharp rally after it signed an investment deal with the United Arab Emirates that would bring $35 billion to the ...
All of Egypt's sovereign dollar bonds slid lower, but the 2027 maturity XS2391394348=TE fell the most, dropping nearly 3 cents, Tradeweb data showed, before retracing to a 1.5 cent loss at 0823 GMT.
Egypt's government bonds fought back from an initial heavy tumble on Friday after Moody's had downgraded the country's credit rating to a new low and the head of the IMF had warned Cairo against ...
Egypt’s IMF-led strategy to overcome its debt distress sounds like a perfect recipe for a rally in the nation’s debt -- except that money managers are skeptical about the plan’s execution.
Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the ...
Moody's Investors Service downgraded Egypt's credit rating from B2 to B3 on February 7, pushing the North African country further into junk bond or non-investment grade territory. The ratings ...
Egypt's finances remain in a precarious state despite two major currency devaluations this year and a brand new $3 billion International Monetary Fund rescue package, economists say.