Finance min.: Promoting cooperation with India to face economic challenges

Finance Minister Mohamed Maait asserted Egypt’s keenness on diversifying financing resources and accessing new capital markets through innovative and more sustainable tools.

He reviewed means of joining the Indian capital market after the successful issuance of the Japanese yen-denominated Samurai bonds worth at 75 billion Japanese yen and the 3.5 billion yuan-denominated green bonds (panda bonds) in the Chinese market.

He made the remarks during a meeting on Tuesday with Indian Ambassador to Egypt Ajit Gupte within the framework of enhancing bilateral ties in various development domains.

The talks tackled means of Indian companies’ benefit from the incentives offered by Egypt to the private sector as well as means of exchanging expertise in financial inclusion domain.

Related Articles

Back to top button