Business

Economy

Egypt eyes issuing sustainability bonds for first time to finance Decent Life’s development projects

Egypt is considering issuing sustainability bonds in 2022 to finance the presidential Decent Life (Hayah Karima) initiative in order to reach the country’s sustainable development goals (SDGs), Minister of International Cooperation Rania Al-Mashat told UN officials.

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Egypt eyes issuing sustainability bonds for first time to finance Decent Life’s development projects

Markets & Companies

EBRD to contribute $130 mln to Egypt's private energy sector green bond issuance, out of total $340 mln

The European Bank for Reconstruction and Development (EBRD) will dedicate a total of $130 million for green bond issuance ...

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EBRD to contribute $130 mln to Egypt's private energy sector green bond issuance, out of total $340 mln

Energy

Egypt signs two $506 million oil-exploration deals with Canada’s TransGlobe, Pharos Energy

The Ministry of Petroleum and Mineral Resources announced on Thursday that it signed two oil exploration deals in the Western and Eastern Deserts worth at least $506 million in total with Canada’s TransGlobe Energy Corporation and Pharos Energy.

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Egypt signs two $506 million oil-exploration deals with Canada’s TransGlobe, Pharos Energy