Tamweely Microfinance has completed the second issuance of its large-scale securitization program, with a total value of EGP 1.155 billion, as part of a broader EGP 5 billion program.

The African Development Bank (AfDB) is planning to provide a partial credit guarantee (PCG) worth $400 million, or its equivalent in Japanese yen, to support Egypt's upcoming issuance of sustainable Samurai bonds.

BM Consumer Finance, also known as Souhoola, has completed a securitized bond issuance worth EGP 478 million for Capital for Securitization.

The Financial Regulatory Authority (FRA) has issued circular No. 7 of 2024 outlining new regulations governing the securitization of financial rights arising from non-banking financing activities and other sectors

Beltone Leasing and Factoring, a subsidiary of Beltone Holding, has concluded its first securitization issuance, raising EGP 1.33 billion.

Egypt is planning to issue green bonds and sukuk worth up to EGP 10 billion before the end of the fiscal year (FY) 2024/2025, as part of its ongoing strategy to diversify funding sources.

The investment banking division of EFG Hermes, a subsidiary of EFG Holding, has concluded advisory on an EGP 450 million five-year issuance for EFG Corp-Solutions.

EFG Hermes has successfully concluded its advisory on the fourth securitization issuance worth EGP 1.4 billion for Bedaya Mortgage Finance.

Egypt is gearing up to re-enter the international debt market for the first time since late 2021, via the sale of around $3 billion in Eurobonds within the current fiscal year (FY) 2024/2025.

The Egyptian government is targeting to issue EGP 2 coins within the fiscal year (FY) 2024/2025 to facilitate coin circulation.

Contact Financial Holding has unveiled the closure of the first securitization bonds issue in 2024, which was issued by Sarwa Securitization at a total value of EGP 1.04 billion and backed by a consumer finance portfolio generated by Contact Credit, its subsidiaries, and sister companies.

The National Bank of Egypt (NBE) has issued three-year certificates of deposit (CDs), with a declining annual interest rates of 30% for the first year of issuance, 25% for the second year, and 20% for the third year.

Emirates NBD Egypt has issued new three certificates of deposit (CDs).

Capital Securitization, one of GB Capital Financial Investments companies, has closed an EGP 843 million securitized bond issuance for Bedaya Mortgage Finance.

Egypt is studying issuing bonds denominated in Gulf currencies in the coming period, Egyptian Minister of Finance Mohamed Maait said.

Al-Ahly Pharos Investment Banking has successfully concluded, in collaboration with the Commercial International Bank (CIB) and CI Capital, the New Urban Communities Authority’s (NUCA) second securitization issuance worth EGP 15 billion.

The Central Bank of Egypt (CBE) is studying issuing the digital pound, in cooperation with the International Monetary Fund (IMF) and the World Bank, with the aim of boosting the country’s digital transformation.

The Egyptian government is planning to issue JPY-denominated bonds worth $500 million before the end of November, Minister of Finance Mohamed Maait said.

The Egyptian government is considering issuing green bonds worth $700 million in 2024.

The cabinet has reapproved issuing three-year Panda bonds worth $500 million in the Chinese market, extending the issuance’s period until the end of fiscal year (FY) 2023/2024.