10.9% drop in Egypt’s FY2016/17 budget deficit
Egypt's budget deficit fell by 10.9 percent during the financial year year 2016/2017 from 12.5 percent during the…
Browsing Tag
debts
EALB bank eyes debt settlement deals of 750mn Egyptian pounds this year
The state-run Egyptian Arab Land Bank (EALB) plans to reach settlement deals with troubled clients for debts worth…
UAE’s Dana Gas receives overdue $20 million additional payment from Egypt
Sharjah-based Dana Gas said Sunday it has received an additional $20 million (AED 74 million) from the Egyptian…
UAE’s Dana Gas receives overdue $50 million payment from Egypt
Sharjah-based Dana Gas said Thursday it received $50 million from the Egyptian government as partial payment of…
Egypt doubles ticket price on Cairo metro to two pounds
Transport Minister Hesham Arafat issued a decision doubling the metro ticket price to two Egyptian pounds starting…
Egypt PM: government mulls ways to repay Metro debts
Egyptian Prime Minister Sherif Ismail said the government is grappling with the financial woes of Cairo's vital…
Egypt’s central bank, investors reach deal to settle pre-float credit lines: bankers
Egypt's central bank has agreed with Egyptian investors to settle credit lines opened before it floated the pound…
UAE’s Dana Gas says freezes new Egypt investments over debts
Dana Gas will not make new investments in Egypt because of delays in obtaining payments owed to it there, its chief…
Egypt’s debts to foreign oil companies hit $3.6 billion – minister
Egypt’s debts to foreign oil companies have reached $3.6 billion, the country’s Petroleum Minister Tarek el-Molla…
National Bank of Egypt may delay tourism clients’ installments to 2018-end
Egypt’s largest bank, the state-owned National Bank of Egypt (NBE) may delay collecting debts for clients operating…
