Egypt's Investment Minister Mahmoud Mohieldin said on Wednesday that the country was still planning to launch a $1 billion euro bond this year.

"The plan is that it will go ahead," the minister told Reuters in London.

Egypt was due to issue a $1 billion euro bond in the first quarter, with a maturity of between seven to 10 years, but like many deals in the current nervous market climate, the issue has yet to materialise. - Reuters