| The Egyptian government will go into negotiations with an Islamic bank in Turkey to go into Initial Public Offering (IPO) regarding sukuk, said advisor to the finance minister on sukuk, Ahmed Al-Naggar.
The sukuk unit has already created a list of all the final projects that will be established through sukuk, which are expected to take place in June.Al-Naggar revealed that one of the projects that will be funded through sukuk is the Ain Shams train project, which is worth EGP 4.5bn in investments...............................................Full Article: Source |