The Egyptian Cabinet has greenlit measures for the Ministry of Finance to issue up to $3 billion in international bonds throughout fiscal year 2026/2027. This move aligns with state strategy to cover budget funding gaps, broaden currency and lower refinancing exposure.
Nasdaq Dubai has welcomed the listing of a $1.75 billion, three-year benchmark bond issued by New Development Bank (NDB). This brings the Shanghai-based bank’s total listed value on the exchange to $3.75 billion under its $50 billion Euro Medium Term Note (EMTN) Programme.
EFG Hermes, an EFG Holding company and a leading investment bank in the Mena region, has announced the successful closing of an E£5.1 billion corporate bond issuance for EFG Corp-Solutions. The transaction marks the largest corporate bond issuance ever completed in Egypt’s debt capital market.
