Can Egypt’s Energy Debt Settlement Unlock a New Investment Cycle?
For the first time in years, Egypt has resolved one of the most sensitive, persistent challenges facing its energy…
Browsing Tag
arrears
Egypt cuts oil partner arrears to $440 mln, targets zero by end-June: minister
Egypt has reduced overdue payments owed to foreign oil and gas companies to $440 million from $6.1 billion a year…
Senegal’s debt jumps amid rising fiscal pressures
Senegal’s public debt surged by the end of March 2025, reflecting mounting fiscal strain as the government…
Egypt’s arrears to foreign oil firms drop to $850mn end-June: minister
Egypt’s arrears to foreign oil companies decreased to $850 million at the end of June from $900 million last year,…
Egypt pays EGP2bln of export subsidies in two months
Egypt has disbursed arrears more than 2 billion Egyptian pounds ($123.5 million) of export subsidies during April…
Egypt settles arrears to 41 companies under export support programme
Egypt's ministries of finance and Trade and Industry signed on Wednesday 41 agreements with representatives of…
Egypt signs 34 agreements to pay arrears
Egypt’s finance and trade ministries have signed 34 agreements to settle arrears payable to exporters among export…
Egypt settles arrears to 31 companies among export support programme
The Finance and Trade ministries signed 31 agreements with representatives of local and foreign companies to settle…
Egypt says repaid 86% of arrears to foreign oil companies in 2019
Egypt has repaid 86 percent of arrears to foreign oil companies at the end of December, the country’s Cabinet…
Egypt to pay 2nd tranche of export arrears to 9 firms by July
Egypt’s government plans in July to disburse 20 percent as a second payment of its arrears to nine local companies,…
Egypt settles $37mln taxes for exporters in return for subsidy arrears
Egypt has settled taxes worth 600 million Egyptian pounds ($37.2 million) with exporters over the past three months…
Energy group DEA to receive all Egypt areas in late 2019
Energy group DEA said on Tuesday it would receive a payment of all Egypt’s debt arears as promised in late 2019.
Egypt pays $200mn in foreign oil firm arrears in January: FinMin
Egypt’s Finance Minister Amr el-Garhy said on Sunday the country had paid $200 million in arrears owed to foreign…
Egypt pays $2.2 bln in arrears to foreign oil firms in three weeks
Egypt has paid $2.2 billion in arrears to international oil companies operating in the country during the past…
CBE governor: Egypt pays $1.5 bln in arrears to international oil firms in May, June
Egypt has paid $1.5 billion in arrears to international oil companies in May and June, the Central Bank of Egypt’s…
Egypt to pay off half of $3.5bn to oil firms next weeks- minister
Egypt expects to cut by around half the $3.5 billion within next few weeks in arrears it owes to international oil…
Philip Morris, Egypt’s Eastern Co reach deal over arrears
Egypt's top cigarette maker Eastern Company announced Wednesday it had reached an agreement with its international…
Mortgage dues in UK at lowest level since records began 20 years ago
The number of mortgages in arrears in the UK continued to fall in the second quarter of this year and is now at its…
Egypt to Repay 25-30% of Arrears to Oil Firms Soon -Minister
Egypt will repay 25 to 30 percent of its arrears to foreign oil companies in the near future, Petroleum Minister…