debt

China envoy warns of dire consequences
World

China envoy warns of dire consequences

WASHINGTON (Reuters) – China is going to this week’s G-20 summit hoping for a deal to ease a damaging trade…
Lebanon exceeds budget, needs a new government: finance minister
Middle East

Lebanon exceeds budget, needs a new government: finance minister

  BEIRUT (Reuters) – Highly-indebted Lebanon has exceeded its budget for 2018 and authorities are taking steps to make sure…
China’s GDP growth slows to lowest rate in years
World

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

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

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

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

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

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

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

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,…
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