The Cabinet approved the measures taken to issue the new batch of Japanese samurai bonds.
This issuance was agreed at a previous meeting as a special offer for the Japanese Yen worth US$500 million for a period of 5 years.
This step reflects the mutual trust between Egypt and Japan in economic and trade relations, and enhances joint cooperation between the two countries in various economic fields.
This step indicates that the Egyptian economy is witnessing remarkable growth and enjoys the confidence of foreign investors, which confirms the strength of the Egyptian economy and the insistence on promoting and developing investments in the country.
This new issuance of Japanese bonds is a golden opportunity to enhance economic cooperation between the two countries and develop bilateral relations.
