| 10.05.2013 - Egypt: Sukuk law approved, government to hold two bidding rounds for projects |
| The Sukuk Law has been approved by President Mohamed Morsi and was published in the official gazette on Wednesday. The government is now set to hold two bidding rounds for sukuk projects, the first to be held in US dollars and the second in Egyptian pounds. Tarek Al-Ghamrawy, an economist at the Egyptian Centre for Economic Studies, said he had looked at some articles of the law and had noticed two positive points...........................................Full Article: Source |