Egypt’s central bank unveils debt restructure deal for key borrower amid social media…
A consortium of Egyptian banks has agreed to restructure the debts of a key banking sector client to secure full…
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debt restructuring
Egyptian banks follow strong credit policies, central bank says
The Central Bank of Egypt (CBE) on Thursday highlighted the rigorous credit and risk management practices of banks…
Egypt advances strategy to reduce public, external debt
Egypt’s government is developing a comprehensive strategy to enhance fiscal discipline and improve its debt…
Factories at Crossroads: Egypt’s industrial sector between optimism, crisis
Over the past decade, Egypt has undergone sweeping economic changes, with industry positioned as a cornerstone of…
Sri Lanka debt restructuring plan saves $5b
Sri Lanka is taking a significant step towards economic recovery with a debt restructuring deal that will save the…
H. Kong grants China’s Shimao 4-week reprieve to avert liquidation
The Chinese property developer Shimao Group announced that the liquidation possibility has been adjourned to July…
China’s Country Garden liquidation hearing adjourned again
Country Garden, the troubled Chinese property developer, got a temporary reprieve as the Hong Kong High Court…
Zambia’s debt restructuring gains momentum
Zambia has made significant strides towards resolving its financial crisis, with over 90 per cent of its $3 billion…
Thailand intensifies efforts to tackle household debt
The Bank of Thailand (BOT) is implementing additional measures to facilitate debt restructuring, targeting a…