- City Fajr Shuruq Duhr Asr Magrib Isha
- Dubai 04:27 05:45 12:20 15:47 18:49 20:07
Egypt, which plans to tap the Eurobond market for $1billion-$1.5bn within weeks, has mandated HSBC and Morgan Stanley for the issue, bankers said yesterday. The bond would be Egypt's first such issue since 2007.
Finance Minister Youssef Boutros-Ghali said this month that Egypt was looking at maturities of up to 20 to 30 years.
The Egyptian government signed two deals for a combined $537 million in loans.
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