bonds
Egypt expected to raise interest rates as well soon: expert
Business
May 5, 2022
Egypt expected to raise interest rates as well soon: expert
The US Federal Reserve’s decision to raise interest rates was expected, Mohamed Kamal, an expert in the financial sector, said,…
Investors flee U.S. corporate junk debt on inflation, Omicron concerns
World
December 4, 2021
Investors flee U.S. corporate junk debt on inflation, Omicron concerns
CHICAGO, Dec 2 (Reuters) – Worries over surging inflation and a new variant of the coronavirus are roiling the U.S.…
Egypt signs facilities worth $2 bln to finance green projects
Business
October 8, 2021
Egypt signs facilities worth $2 bln to finance green projects
Egypt signed facilities worth two billion dollars to meet financial needs for various environmentally friendly projects. The financing facilities were…
Egyptian senate approves sovereign bonds law in principle
Business
May 17, 2021
Egyptian senate approves sovereign bonds law in principle
Egypt’s parliament on Monday approved in principle a draft law submitted by the government regarding the issuance of a sovereign…
Saudi Aramco hires banks for multi-tranche bond deal
Middle East
November 16, 2020
Saudi Aramco hires banks for multi-tranche bond deal
DUBAI (Reuters) – Saudi Aramco said on Monday it has hired a group of banks ahead of a multi-tranche US dollar-denominated…
Asia stocks slump on recession fears
World
August 15, 2019
Asia stocks slump on recession fears
Asian markets fell Thursday after the Dow suffered its worst day of the year as fears of a global recession…
Egypt looks to tap Asian debt markets under debt restructuring
Business
October 13, 2018
Egypt looks to tap Asian debt markets under debt restructuring
Egypt is considering issuing bonds in currencies other than the euro and the US dollar after launching a roadshow…
Egypt to consider yen, yuan bonds after dollar sale last week
Business
January 31, 2017
Egypt to consider yen, yuan bonds after dollar sale last week
Egypt may issue bonds in other international currencies, after successfully selling $4 billion of Eurobonds last week, Finance Minister Amr…
Afreximbank seeks to raise US$3 bln this year: bank president
Business
May 4, 2016
Afreximbank seeks to raise US$3 bln this year: bank president
The African Export-Import Bank (Afreximbank) will seek to raise around US$3 billion this year via Eurobonds, syndications and bi-lateral and…
Countries, Egypt, look to draw expatriate cash with “diaspora bonds”
Business
April 18, 2016
Countries, Egypt, look to draw expatriate cash with “diaspora bonds”
A growing roster of developing states are turning to their compatriots abroad to raise cash by marketing "diaspora bonds", a…