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Egypt’s first-ever Sovereign Sukuk attracts Global Investors
Banking & Finance Banking & Finance Egypt

Egypt’s first-ever Sovereign Sukuk attracts Global Investors

suzan.taha@lcpublishinggroup.it 23 February 2023

Egypt has made history by issuing its first-ever sovereign Islamic sukuk, and it has proven to be a resounding success. The issuance was oversubscribed by more than 4 times, with subscriptions amounting to USD6.1 billion for a USD1.5 billion issuance. This is a clear indication of the confidence that investors have in Egypt’s economic potential […]

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