According to the Central Bank of Egypt’s (CBE) latest data, Egypt’s treasury bills and local debt have been receiving significant interest from foreign investors in local treasury bills which have surged in March by around 140 percent.
According to the CBE, March 2024 recorded foreign purchases of local T-bills at $32.7 billion, compared to $13.6 billion recorded in February.
Speaking on the sidelines of the 23rd Islamic Financial Stability Forum, held this week in Rabat, Ghiath Shabsigh, Sec-Gen of
Egypt’s Ministry of Finance will begin disbursing half of overdue export payments starting 7 August, Egypt Today reports. The
British International Investment has pledged over $300 million to back Egypt’s renewable energy plans, Egypt Today reports. Partnering with
Morocco is preparing its second Islamic bond (sukuk) issuance since 2018, Central Bank Governor Abdellatif Jouahri said on Thursday. The
Sign up for the weekly newsletter and get our latest stories delivered straight to your inbox.
