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2026-09-15T16:52:00.000Z

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Cairo's Tomorrow issues 3B EGP bonds

Cairo's Tomorrow issues 3B EGP bonds

The article focused on Egypt's "Bekra" platform issuing sukuk worth 3 billion Egyptian pounds over the past year, which attracted more than 15,000 individual investors. It also plans to launch a real estate investment fund after receiving approval from the Financial Supervisory Authority. Additionally, the company aims to expand its investment products domestically and into African markets, seeking to target "dormant funds" and convert them into organized digital investments. Investor interest indicates the growth of the Islamic finance industry in Egypt, which exceeded a valuation of $40 billion by mid-2026, supported by intensified backing from Gulf investors and the structural challenges faced by the sector.

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