Tech news Swedish payments firm Klarna taps debt market for the first time Ghada Ismail Jun 27, 2016 0 Swedish payments firm Klarna, one of Europe's most highly valued tech startups, said on Monday it had tapped debt…
International News Puerto Rico Governor suspends payments on infrastructure debt Noha Gad Jun 25, 2016 0 Puerto Rican Governor Alejandro Garcia Padilla late on Friday declared a suspension of any payments on some debt…
Tech news Airbnb gets $1 billion debt facility to fund expansion Ghada Ismail Jun 16, 2016 0 Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big U.S. banks to aid its new…
Banks Despite insecurity, Egypt’s banking sector is stable: Moody’s aya salah Jun 7, 2016 0 Despite Egypt's government debt, which accounts for 88% of the GDP, a budget deficit of 11.5%, and 26.3% poverty,…
Tech news Japan’s SoftBank plans to sell $7.9 billion in Alibaba stock Ghada Ismail Jun 1, 2016 0 SoftBank Group Corp said it will sell at least $7.9 billion of shares in Alibaba Group Holding Ltd - a move that…
Tech news Apple plans to sell $1 bln of 30-year bonds in Taiwan Ghada Ismail Jun 1, 2016 0 Apple Inc plans to issue bonds in Taiwan for the first time with the aim of raising $1 billion, sources familiar…
International News Greek parliament approves reforms in exchange for aid, debt relief Noha Gad May 23, 2016 0 Greek lawmakers approved tax increases and a new privatization fund on Sunday and freed up the sale of…
Banks Malaysia’s central bank says confident government will honor debt obligations Noha Gad May 11, 2016 0 Malaysia's new central bank governor said he was confident the government would honor all its debt obligations, as…
Egypt News Egypt’s debts to foreign oil companies up to $3.2bln aya salah Apr 7, 2016 0 Egypt's outstanding arrears to foreign oil companies rose to $3.2 billion at the end of March from $3 billion at…
Egypt News Egypt’s debts to foreign oil companies up to $3.2bln aya salah Apr 7, 2016 0 Egypt's outstanding arrears to foreign oil companies rose to $3.2 billion at the end of March from $3 billion at…