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Thu, 2022-01-06 11:30
RIYADH: Egypt is seeking to finalize the executive regulations for a sovereign sukuk by the end of this month, in preparation for issuing the first of such bonds worth about $2 billion within five months.
The Egyptian Ministry of Finance is working on issuing the executive regulations for the Sukuk Law, in cooperation with the Financial Supervisory Authority and Al-Azhar Al-Sharif, the historical Islamic teaching hub.
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