RIYADH: Egypt’s private sector plans to sell $120 million to $200 million in green bonds to finance eco-friendly projects, the minister of planning and economic development said.
However, Halla Al-Saeed did not give details about the duration of the bonds.
The sale plan comes on top of $750 million green bonds that Egypt has sold to finance clean transport projects.
It is part of the country’s efforts to promote green and circular economy to recover from the COVID-19 pandemic’s repercussions.
