The government has also expressed its keen interest in green financing, and has followed through with this by recently issuing the first green bonds, worth $750m, in the Middle East and North Africa (MENA) region.
British Middle East Minister James Cleverly and Interim CEO of the LSE Denzil Jenkins welcomed the decision to list the bonds on the LSE, which contributes to deepening sustainable partnership between the United Kingdom and Egypt in the face of climate change.
Proceeds of green bonds will be used to finance expenditures related to environmentally friendly projects
Cabinet agrees to issue $500m green bonds, $5bn international bonds in FY 2019/20, says Kouchouk
First portion of EGP 1bn financial package for Sovereignty Fund already transferred
