EBRD lifts Egypt’s 2025 growth forecast to 4.8%
Egypt’s economy is projected to grow by 4.8 per cent in 2025 before moderating to 4.5 per cent in 2026, according…
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Egypt to expand health insurance to cover quarter of population in 2 years – PM
Egypt’s Universal Health Insurance System (UHIA) will cover more than 25 per cent of the population within the next…
Uganda in debt financing talks for 85% of $3.15b railway project
Uganda is finalising talks with development finance institutions and export credit agencies to get 85 per cent of a…
Aramco profit drops in Q2 ’25
Saudi Arabia’s Aramco posted a 22 per cent year on year (YoY) drop in second-quarter net profit to $22.7 billion on…
EU urges France to stay the course on budget cuts
France must stay on course with its plans to lower debt and narrow its budget deficit, European Economics…
UK deficit surpasses expectations, pressuring Reeves
The UK government recorded a larger-than-expected deficit of £79.6 billion ($103.6 billion) for the first half of…
China stands at critical juncture to unlock growth – IMF head
China stands at a critical juncture, as IMF Kristalina Georgieva emphasised the need to choose between traditional…
Kenya announces $2bln bond-buyback programme
Kenya announces that it would be selling new securities and making an offer to buy back its $2 billion in debt.
Ocean Marine UAE to settle its debt via a new deal
Ocean Marine, which is 51 per cent owned by Maridive, is in the process of finalising a deal to sell a marine unit…
U.S. national debt hits record high $34 trillion
The United States' gross national debt has passed $34 trillion, in an all-time record high, Associated Press…