Emerging countries are facing a record external debt service of $400 billion this year as they allocate …
debts
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BanksEgypt NewsFeatureFinancial InstitutionsMoneyNews
Egypt is capable of meeting all global debt obligations – PM
by Yomna Yasserby Yomna YasserEgypt is fully capable of meeting its international debt obligations, Prime Minister Moustafa Madbouly said on Saturday, …
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BanksFeatureMoney
Egypt’s Agricultural Bank launches an initiative to settle EGP6.3 bln for defaulting farmers
The state-owned Agricultural Bank of Egypt (ABE) announced the launch of an initiative to settle debts worth …
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The total debts of Egypt’s Railway Authority reached around 250 billion Egyptian pounds ($15.9 billion), according to …
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The Central Bank of Egypt (CBE) announced a new mechanism to collect the proceeds on debts an …
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Egypt’s state-owned Iron and Steel Company will pay 750 million pounds to Banque Misr after a new …
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Sources in the Central Bank of Egypt (CBE) announced on Wednesday that Egypt paid $US30 billion to …
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Industry & Trade
Egypt to fully pay off foreign oil companies’ debts in two years: minister
by Yomna Yasserby Yomna YasserEgypt will fully pay off its debt to foreign oil companies within two years if it keeps …
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Egypt’s budget deficit fell by 10.9 percent during the financial year year 2016/2017 from 12.5 percent during …