EGX Head calls for integration, green finance to power African growth Dr. Islam Azzam, Head of the Egyptian Exchange (EGX), participated... Businessmen Team 29 Nov 2025 The session, titled "Untapped Capital: Eastward – Islamic and Sustainable Finance Strategies to Enh...
Egypt launches first local sovereign Sukuk issue Ministry of Finance has launched its first local issuance of... Businessmen Team 04 Nov 2025 The move is part of the ministry's strategy to diversify funding sources and lower borrowing costs...
Declining inflation, rising remittances propel continued GDP growth The Egyptian government's economic team, headed by Prime Minister Dr.... Businessmen Team 07 Oct 2025 Attending the session were Central Bank Governor Hassan Abdalla, Minister of Planning, Economic Dev...
Egypt raises $1.5 billion in oversubscribed dual-tranche sukuk sale Minister of Finance Ahmed Kouchouk priced a $1.5 billion dual-tranche... Businessmen Team 01 Oct 2025 The first tranche comprises 3.5-year sukuk worth $700 million, carrying a yield of 6.375% and matur...
Local sukuk issuance expected soon, Kouchouk says Minister of Finance Ahmed Kouchouk stated that the government's bet... Businessmen Team 18 Aug 2025 During a panel discussion organized by Al Ahly Pharos Securities Brokerage, Kouchouk said the gover...
Egypt issues second $1 billion sovereign sukuk amid regional tensions Ministry of Finance successfully returned to international markets, issuing its... Businessmen Team 25 Jun 2025 The ministry attributed the successful issuance to a "significant and noticeable improvement" in Eg...
Finance Ministry to develop Red Sea land for economic gain, not sale The Ministry of Finance confirmed today, Thursday, that it has... Businessmen Team 12 Jun 2025 The ministry indicated that ownership of the land will not be transferred to any entity. Instead, t...
Neom to issue Riyal-denominated sukuk to fund mega projects In an unprecedented move, Saudi Arabia's Neom megaproject city is... Businessmen Team 19 Apr 2024 According to well-informed sources, Neom has appointed a consortium of banks to provide advisory se...