In surprise move, Egypt’s CBE hikes key interest rates
The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing stronger economic…
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debt
Egypt in $750 mln debt payout to oil firms
Egypt is to make a debt payment of $750 million to international oil companies on June 1, Central Bank Governor…
Cairo to make $750 mln debt payment to foreign oil firms on Jun. 1
Egypt will make a debt payment worth $750 million to international oil companies next June 1st, the country’s…
Egypt to pay $720 million to Paris Club this month
Egypt plans to pay back around $720 million to the Paris Club of creditor countries this month, the central bank…
Orange to unveil Egyptian unit’s debt restructuring strategy in January
Orange Egypt will announce next January a new strategy for debt restructuring plan in coordination with the parent…
EU draft plan targets new bank creditor class to bear losses
European banks would be able to issue a new category of debt that could be wiped out in a crisis only after shares…
51% of Egypt’s external debt owed to seven countries: CBE
37.3 percent of Egypt’s external debt comes from the Arab countries, mainly Saudi Arabia, Kuwait, and the UAE, a…
Egypt returns to Qatar $7 bln, pays pack $250 mln debt to Libya
Egypt has returned to Qatar $7 billion dues the Gulf state deposited to help prop up the Egyptian central bank's…
China foreign debt falls as yuan depreciation fears resurface
China's outstanding foreign debt fell by $51.7 billion in the first quarter to $1.36 trillion, the foreign exchange…
Swedish payments firm Klarna taps debt market for the first time
Swedish payments firm Klarna, one of Europe's most highly valued tech startups, said on Monday it had tapped debt…
