Industry & Trade UAE’s Dana Gas receives overdue $20 million additional payment from Egypt Yomna Yasser May 21, 2017 0 Sharjah-based Dana Gas said Sunday it has received an additional $20 million (AED 74 million) from the Egyptian…
Industry & Trade UAE’s Dana Gas receives overdue $50 million payment from Egypt Yomna Yasser May 18, 2017 0 Sharjah-based Dana Gas said Thursday it received $50 million from the Egyptian government as partial payment of…
Egypt News Egypt doubles ticket price on Cairo metro to two pounds Yomna Yasser Mar 25, 2017 0 Transport Minister Hesham Arafat issued a decision doubling the metro ticket price to two Egyptian pounds starting…
Egypt News Egypt PM: government mulls ways to repay Metro debts Yomna Yasser Mar 23, 2017 0 Egyptian Prime Minister Sherif Ismail said the government is grappling with the financial woes of Cairo's vital…
Banks Egypt’s central bank, investors reach deal to settle pre-float credit lines: bankers Yomna Yasser Feb 22, 2017 0 Egypt's central bank has agreed with Egyptian investors to settle credit lines opened before it floated the pound…
Industry & Trade UAE’s Dana Gas says freezes new Egypt investments over debts Yomna Yasser Feb 9, 2017 0 Dana Gas will not make new investments in Egypt because of delays in obtaining payments owed to it there, its chief…
Industry & Trade Egypt’s debts to foreign oil companies hit $3.6 billion – minister Yomna Yasser Jan 1, 2017 0 Egypt’s debts to foreign oil companies have reached $3.6 billion, the country’s Petroleum Minister Tarek el-Molla…
Banks National Bank of Egypt may delay tourism clients’ installments to 2018-end Yomna Yasser Dec 27, 2016 0 Egypt’s largest bank, the state-owned National Bank of Egypt (NBE) may delay collecting debts for clients operating…
Industry & Trade Debts to international oil firms hit $3.5b end-Sept: Egypt’s minister Noha Gad Oct 12, 2016 0 Egypt's debts to international oil and gas companies rose to $3.58 billion by the end of September, the oil…
Industry & Trade Venezuela uses distressed bonds to settle debts with drugmakers Noha Gad Mar 7, 2016 0 Venezuela has settled debts with at least three global drug companies by giving them bonds that trade at a heavy…