Search

Egypt’s Defence Ministry Seeks $2.5 Billion in International Debt Markets for Infrastructure Projects

© Allen Dreyfus
  • Egypt’s Defence Ministry targets $2.5 billion in international debt for infrastructure
  • Severe dollar liquidity crisis precedes the central bank’s currency float

 

The Egyptian Ministry of Defense has actively pursued approximately $2.5 billion in international debt over the past two years to finance a series of infrastructure projects in the country, the Arab world’s most populous nation.

You need an active subscription to continue reading this article.

Recent Business

breaking_news
Côte d’Ivoire Inflation Slows to 0.5 %, a Five‑Year Low
Read More »
generic-1-1024x683
Egypt Cuts Key Rates by 225 Basis Points, Opening a Long‑Awaited Easing Cycle
Read More »
guilherme-cunha-4zwozQxDbD4-unsplash-2
Contract Impasse Halts $650 Million Temane Gas Plant in Mozambique
Read More »

Recent Politics

generic-1-1024x683
Militant Group Claims Pipeline Attacks in Niger Delta, Escalating Political Tensions
Read More »
yonko-kilasi-juex154AuVA-unsplash
Kenya Moves to Broaden Money Laundering Oversight in Exit Bid
Read More »
generic-1-1024x683
Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
Read More »

Latest Posts

Latest news insights