Featured EU urges France to stay the course on budget cuts Aya El Sayed Dec 10, 2024 0 France must stay on course with its plans to lower debt and narrow its budget deficit, European Economics…
Featured UK deficit surpasses expectations, pressuring Reeves Aya El Sayed Oct 22, 2024 0 The UK government recorded a larger-than-expected deficit of £79.6 billion ($103.6 billion) for the first half of…
Featured China stands at critical juncture to unlock growth – IMF head Aya Anwar Mar 24, 2024 0 China stands at a critical juncture, as IMF Kristalina Georgieva emphasised the need to choose between traditional…
Africa News Kenya announces $2bln bond-buyback programme Aya Anwar Feb 8, 2024 0 Kenya announces that it would be selling new securities and making an offer to buy back its $2 billion in debt.
Stocks Ocean Marine UAE to settle its debt via a new deal Aya Anwar Jan 21, 2024 0 Ocean Marine, which is 51 per cent owned by Maridive, is in the process of finalising a deal to sell a marine unit…
Featured U.S. national debt hits record high $34 trillion Sama Mousa Jan 3, 2024 0 The United States' gross national debt has passed $34 trillion, in an all-time record high, Associated Press…
Money Egypt is capable of meeting all global debt obligations – PM Yomna Yasser Apr 30, 2023 0 Egypt is fully capable of meeting its international debt obligations, Prime Minister Moustafa Madbouly said on…
Money IMF: Egypt plans to reduce debt, lengthen maturities Yomna Yasser Jan 10, 2023 0 The authorities in Egypt plan to lengthen debt maturities to reduce rollover risks along with adopting debt…
Money IMF sees Egypt’s government gross debt hitting 91.4% of GDP in 2021 Amwal Al Ghad English Oct 14, 2021 0 The International Monetary Fund (IMF) projected on Wednesday Egypt’s government gross debt to reach 91.4 percent of…
Money Egypt’s external debt rises to $134.8 billion at March-end mohamed Hamdy Jul 11, 2021 0 Egypt’s external debt rose 21.15 percent year-on-year to $134.8 billion at the end of March from $123.5 billion in…