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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Egypt: New sukuk projects awaiting bids

Posted on 14 May 2013

The Egyptian government expects $10bn to $15bn annual investments from projects financed by sukuk said Ahmed El Naggar, an Islamic finance advisor to the minister of finance.
“We expect to receive the first bids for projects using sukuk after the holy month of Ramadan in July,” he said during a conference on the practical application of sukuk, jointly organised by the Ministry of Finance and the Islamic Development Bank (IDB)………………………………………..Full Article: Source

 
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