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Thursday, May 30, 2024

Launch Partners

Egypt to amend provisions of executive regulations of Capital Market Law No 95 of 1992 to facilitate development of sustainable bonds

EGYPT: The prime minister of Egypt, Dr Mostafa Madbouly, has issued a decision to amend the provisions of the executive regulations of the Capital Market Law No 95 of 1992 to facilitate the work of investment funds and the development of sustainable bonds to support the government’s efforts to achieve the sustainable development goals, a statement confirmed.

The amendments include articles regulating the development of new types of bonds including sustainable development bonds, sustainable development-related bonds, social bonds, women empowerment bonds, climate bonds as well as transitional infrastructure bonds.

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