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…
Egypt News Egypt’s debt service ups budget deficit in first half of FY 2015/16 aya salah Mar 3, 2016 0 Egypt’s total budget deficit rose by 27 percent in the first half of the current fiscal year 2015/16 compared to…