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…
Money Egypt repaid $6.8 billion in foreign debt in Q1 – c.bank Amwal Al Ghad English Sep 1, 2020 0 Egypt repaid $6.8 billion in foreign debt throughout the first quarter of the year, the central bank said in a…