The new CPF aligns with the government of Egypt’s Sustainable Development Strategy, “Egypt Vision 2030,” and the country’s National Climate Change Strategy (NCCS) 2050
“The implementation has already started and some of these assets are going to the market next month,” Maait told Bloomberg on the sidelines of a financial conference in Riyadh
Maait added that the country’s first-ever issuance reflects the global capital market’s confidence in the Egyptian economy
Announced in July 2022, the acquisition marks the UAE company’s entry into the Egyptian market
Maait added that the Arab Trade Financing Program (ATFP) and the joint payment mechanism stimulate intra-trade between Arab countries