Egypt’s central bank receives $4 bln from Eurobond sale
Sold bond in three tranches last week, raising twice as much as it initially targeted and at lower yields than expected
Egypt’s central bank received $4 billion on Tuesday from its Eurobond sale last week, Central Bank Governor Tarek Amer told the state news agency on Wednesday.
Egypt sold $4 billion of Eurobond in three tranches last week, raising twice as much as it initially targeted and at lower yields than expected.
Naguib Sawiris to Al Arabiya: Bureaucracy obstacle to investment in EgyptSawiris also alluded to the present currency devaluation and increase of global fuel prices that have been other factors in the economic slowdown in Egypt. Economy
Egypt committed to repaying $3.5 bln to foreign firms says ministerEgypt is committed to repaying the $3.5 billion it owes in arrears to foreign oil companies Economy
Egypt’s Suez Canal revenues rise to $414.4 mln in DecemberIt is fastest shipping route between Europe and Asia and one of Egyptian government's main sources of foreign currenc Economy
Egypt: Foreign investment in treasuries set to reach $10 blnDecision to float its pound currency in November has helped revive foreign inflows into the debt market Economy