Middle Eastern debt issuance reaches $57.4bn in H1 2017 with 53% increase: Reuters
The largest deal to be announced in 2017 is Tronox’s $2.2bn acquisition…
United Bank to reduce its troubled debt portfolio to less than EGP 2bn by 2017 end: chairperson
The bank seeks to increase its profits by more than 100% by…
We cannot continue with the current deficit and debt rates, and we are working to reduce them, states the Finance Minister
We aim to reduce the deficit to 9%, unemployment to 11.5%, increase…
Borrowing rate will not slow down as debt is set to increase
The finance ministry sold new bonds on international markets worth $3bn
Egypt’s public debt is reaching critical level
Experts believe there are no other options but to ask for more…
Banks increase bad debt allocations by EGP 27.2bn due to flotation
Total financial position of banks climbed to EGP 3.99tn at the end…
CBE provides $600m to settle dollar debts of about 570 companies
Companies will repay their debts—that resulted from fluctuations of exchange rates after…
IMF loan’s first tranche was not used to pay off debts: CBE governor
The total imports in 2016 amounted to $76bn, of which $2.2bn were…
Cost of government debt threatens economic reform programmes
The government successfully controls the subsidies and salaries bills, but fails to…
