Egypt hopes to pay $750 million in oil company arrears before year-end
Egypt seeks to pay off around $750 million of its debt to international oil companies by late December, Oil…
Browsing Tag
debt
Growing debt and low interest posing greatest market risks: IMF’s David Lipton
The prolonged period of low central bank interest rates and growing debt in developed economies is posing the…
East Mediterranean Gas to pay $174 mln in debt to Egypt’s NBE bank
Egypt's Court of Cassation has rejected an appeal by the East Mediterranean Gas Company against a 2016 ruling…
MENA: Egypt settles $1bn debt to Turkey, pays off Libya $250mn
Egypt has paid off the final instalment, worth $200 million, of a $1 billion loan it took out from Turkey in 2012…
Asian markets tread water as investors digest regional earnings; ECB ahead
Asian shares were narrowly mixed in Thursday trade following the softer lead from Wall Street and as investors…
ECB tells banks to set aside more cash on bad loans
European Central Bank (ECB) will ask euro zone banks from next year to set aside more cash to cover newly…
Foreign investment in Egyptian securities hit $18 bln at end-September
Foreign investment in Egyptian securities rose to $18 billion at the end of September, according to a Finance…
Foreign investments in Egypt debt reach $17.6bn since pound float
Foreigners have invested a total of $17.6 billion in Egyptian debt instruments since the central bank of Egypt…
Banque Misr reaches 1.1bn pounds settlement with Mubarak era figure
Banque Misr said Friday that it recently reached a settlement over the debt of businessman Ibrahim Kamel, worth a…
France’s Macron hails democracy in Athens, and takes a sideswipe at the IMF
French President Emmanuel Macron delivered an ambitious vision for how the European Union should reform, but used…
