Saudi Arabia to issue debt up to $31.5 billion in 2019
Saudi Arabia seeks to issue 118 billion riyals ($31.5 billion) in debt within 2019 to help finance the national…
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Egypt eyes 89% debt-to-GDP ratio in FY2020
Egypt's government is targeting a public debt/GDP ratio of 89 percent within the financial year 2019/2020, the…
Egypt’s short-term dollar debt drops to $14bn at 2018-end
Egypt’s short-term dollar-denominated debt fell $3.25 billion to about $14 billion at the end of 2018, the deputy…
Egypt’s inflation likely to fall 10.7% in FY2019/20: Pharos
Egyptian inflation rate is expected to decline by 10.7 percent in financial year 2019/2020, Pharos Research…
Fitch sees Egypt fiscal deficit narrowing to 6.4% in FY2019/20
Fitch Solutions said it expects Egypt’s fiscal deficit to continue to shrink to 7.8 percent and 6.4 percent in the…
Egypt’s EFG Hermes to expand debt restructuring next year
Egypt's investment bank EFG Hermes is planning to expand its debt restructuring and securitisation activities…
Egypt’s tax change could spur banks to step up private lending
A proposed change to the way Egypt taxes bank profits could encourage lenders to boost credit to the private sector…
Egypt on track to achieve its financial targets: FinMin
Egypt’s state revenues grew 35.5 percent in the first quarter of this financial year, putting the government on…
Egypt to repay all debts to foreign oil companies by end-2019 – ministry sources
Egypt plans to repay all of its $1.2 billion debt to foreign oil and gas companies by the end of 2019, oil ministry…
Egypt’s debt to GDP to reach 80% in 4yrs
The Egyptian government is planning to reduce the ratio of public debt to the gross domestic product (GDP) to the…