Egypt to Sell Debut Sukuk in Q2
Egypt has planned its debut sale of a sovereign sukuk to the tune of around $2bn, according to sources. It has hired banks like HSBC, Citigroup, Abu Dhabi Islamic Bank, Credit Agricole, Emirates NBD and First Abu Dhabi Bank to manage the sale. Sources note that the...
Egypt Planning Over $2bn of Dollar Bond Issues
Egypt is planning to issue $2bn through sovereign sukuk and over $750mn through green bonds. This would mark Egypt’s first sukuk issuance since the Egyptian parliament approved the Sovereign Instrument Law last year to formally allow the issuance of sukuk....
