debt
China’s GDP growth slows to lowest rate in years
World
October 19, 2018
China’s GDP growth slows to lowest rate in years
The National Bureau of Statistics said that while growth has slowed, it still managed to remain relatively steady. Beijing…
Egypt looks to tap Asian debt markets under debt restructuring
Business
October 13, 2018
Egypt looks to tap Asian debt markets under debt restructuring
Egypt is considering issuing bonds in currencies other than the euro and the US dollar after launching a roadshow…
Lebanon’s Berri cites ‘positive atmosphere’ over government: al-Manar
Middle East
October 10, 2018
Lebanon’s Berri cites ‘positive atmosphere’ over government: al-Manar
BEIRUT (Reuters) – Lebanese Parliament Speaker Nabih Berri said on Wednesday some saw “a positive, promising atmosphere” in talks…
Sisi’s initiative to free debtors from Egyptian prisons praised by many
Features/Interviews
August 25, 2018
Sisi’s initiative to free debtors from Egyptian prisons praised by many
On the first day of Eid al-Adha, Egypt’s prisons released 683 men and women debtors after paying their debts,…
Greece hopes for better times as it exits EU bailout program
World
August 20, 2018
Greece hopes for better times as it exits EU bailout program
From now on Greece will manage without an EU safety net. After eight years of aid, the financially troubled country…
Egypt is now a ‘haven’ for debt investors: Bloomberg
Business
August 16, 2018
Egypt is now a ‘haven’ for debt investors: Bloomberg
Egypt has turned into a “haven” for debt investors in the region in the period since it floated its pound…
Greece ‘turning a page’ as eurozone agrees debt relief
World
June 22, 2018
Greece ‘turning a page’ as eurozone agrees debt relief
The Greek government on Friday said the country was “turning a page” after eurozone ministers declared its crisis over as…
Parliament gives final approval on bankruptcy law
Egypt
January 29, 2018
Parliament gives final approval on bankruptcy law
In an effort to help generate investment, Egyptian parliament reached a final approval for the new bankruptcy law on Sunday,…
External debt is $79 bn, says Finance Minister after financial outlook improves
Business
January 17, 2018
External debt is $79 bn, says Finance Minister after financial outlook improves
Minister of Finance Amr al-Jarhi stated on Tuesday that Egypt’s external debt stood at $79 billion at the end of…
Parliament approves first preliminary bankruptcy law
Egypt
January 10, 2018
Parliament approves first preliminary bankruptcy law
In an effort to improve Egypt’s ranking as an attractive market for investment, the Egyptian General Assembly in Parliament approved the…