Tag: debt

Egypt reduces debt by 20% in last 3 years despite COVID-19

Egyptian economy expects projected EGP 6.4trn in GDP this fiscal year, as…

Daily News Egypt Daily News Egypt

Al-Sisi directs government to reduce number of women imprisoned for debt in Egypt

President asserts that women are role models in various fields

Bassant Mohammed Bassant Mohammed

Misr Capital to launch over EGP 7bn worth securitised debt instrument offerings

Two securitised debt instrument offerings worth total EGP 4bn to take place…

Alyaa Stohy Alyaa Stohy

2021 debt-to-GDP to reach around 65% in emerging markets: IMF

Georgieva mentioned that where debt is unsustainable, it should be restructured without…

Nehal Samir Nehal Samir

Egypt to borrow EGP 600bn through T-bills, T-bonds in 3 months

Finance Ministry to issue EGP 499.5bn of T-bills, EGP 100.5bn of T-bonds…

Hossam Mounir Hossam Mounir

Africa’s COVID-19 infections accelerate; IMF offers debt relief in continent

Total of 15,249 confirmed infections, 816 fatalities across continent so far

Daily News Egypt Daily News Egypt

Global NFC debt now at 93% of GDP vs. 75% before 2008 financial crisis: IIF

COVID-19 fears prompt sharp downgrades to corporate earnings estimates, raising the risk…

Daily News Egypt Daily News Egypt

MENA records fastest external debt accumulation, Egypt top borrower: WB

Lebanon, Egypt absorbed 90% of net long-term external debt inflows to MENA,…

Hagar Omran Hagar Omran

PHD, CIB sign EGP1.1bn medium-term loan to refinance some existing debt

The Loan is segregated into Tranches A and B, with maturity of…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt’s Long-term external debt at 87%: Amer

13% of short-term debts are deposits from Arab countries that are renewed…

Hossam Mounir Hossam Mounir