Egypt’s government plans to borrow from citizens through retail bonds

Economic expert Mohamed Fouad, the head of the al-Adl Center for Public Policy Studies, commented on the announcement by Finance Minister Ahmed Kouchouk of the issuance of retail bonds for individuals to help them find new savings methods. Kouchouk has said that the government is considering launching Egyptian pound-denominated sukuk…

FM: Egyptian economy has promising investment chances

CAIRO/BAMAKO, July 24 (MENA) – Minister of Foreign Affairs, Emigration and Egyptians Abroad Badr Abdelatty affirmed that the Egyptian economy—being one of the largest economies in the African continent—possesses promising investment opportunities and extensive cumulative expertise in implementing strategic projects in sectors such as infrastructure, agriculture, energy, dams, pharmaceuticals, and…