Egypt has achieved a milestone by becoming the first country in the Middle East and Africa to issue sustainable panda bonds in the Chinese financial market. The bonds are worth about CHY 3.5bn, or $500m, and will be used to finance projects that support sustainable development goals.

For more information, please see https://www.dailynewsegypt.com/2023/10/16/egypt-becomes-first-in-region-to-issue-sustainable-panda-bonds-worth-500m/