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…
Banks Moody’s cuts Brazil credit rating to junk aya salah Feb 25, 2016 0 Moody's became the third big agency to cut Brazil's credit rating to junk Wednesday, citing mounting debt and…
International News EU lenders working on plan for gradual Greek debt relief Noha Gad Feb 21, 2016 0 Greece's EU lenders have been working on a plan to offer the country gradual debt relief on condition that it…
Egypt News Egypt’s budget deficit up to 4.9% in Jul-Nov on debt service, subsidies aya salah Jan 28, 2016 0 Egypt's budget deficit edged up to 4.9 percent of the GDP in the first five months of the current fiscal year,…
Egypt News World Bank confirms $3 billion loan for Egypt aya salah Dec 19, 2015 0 The World Bank has approved a $3 billion loan to Egypt, to be disbursed over the next three years, International…
Banks Egypt’s external debt drops $2bn in 3 months:CBE Noha Gad Dec 8, 2015 0 Egyptian external debt declined by US$2 billion from June-September 2015, going from $48.1bn to $46.1 billion, a…