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Business
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Markets & Companies
12/9/2021 6:50:39 PM
As real estate firms Evergrande and Kaisa default on over a billion dollars of bond repayments after weeks of uncertainty, here is an explainer on what the debt crisis in China's real estate market could mean for the country's economy
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Egypt
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Courts & Law
12/6/2021 3:56:16 PM
An Egyptian criminal court sentenced a man to death on Monday for slaying his wife and six children at their home in a village in Fayoum governorate, southwest of Cairo, in May over accumulated debts.
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Business
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Economy
11/13/2021 12:00:01 PM
The poorest countries will emerge from the COVID-19 crisis with their largest debt burdens in decades, while limited debt transparency in such countries will delay critical debt reconciliation and restructuring, the World Bank said a new report.
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Sports
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World
11/8/2021 3:25:01 PM
Xavi Hernandez was unveiled as Barcelona’s new coach on Monday as thousands of fans welcomed the debt-ridden club’s legendary former midfielder back to Camp Nou.
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Al-Ahram Weekly
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Economy
10/14/2021 1:55:00 PM
On the sidelines of the annual meetings of the International Monetary Fund and the World Bank Group board of directors, Deputy Division Chief in the IMF Fiscal Affairs Department Paulo Medas explained how the world is handling coronavirus-induced debt to Al-Ahram Weekly.
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Business
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Economy
10/13/2021 1:15:00 PM
The International Monetary Fund (IMF) projected Egypt’s government gross debt to hit 91.4 percent of its GDP in 2021, up from the 89.8 percent recorded in 2020.
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Al-Ahram Weekly
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Economy
10/1/2021 12:57:00 PM
Egypt has raised $3 billion on the international bond market in its first dollar offering of the 2021-22 fiscal year, reports Safeya Mounir
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Business
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Economy
9/29/2021 2:21:35 PM
Emerging economies’ debt to GDP ratio edged up to 246 percent in the second quarter (2Q) of 2021, up from the 226 percent recorded at the end of 2019, according to Moody’s.
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Egypt
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Politics
9/21/2021 10:22:37 PM
The African continent has become the most affected by the coronavirus at a time when its peoples are facing other challenges, President El-Sisi told the 76th session of the UNGA
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Business
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Economy
9/14/2021 4:56:57 PM
The CDC s African Private Credit Fund Strategy also aims to kickstart a signalling effect by attracting more commercial investors to African markets, which will in turn help develop reliable, long-term, private debt platforms
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World
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International
9/4/2021 1:56:36 PM
The national carrier of the Philippines said the filing will allow it to restructure contracts and cut debt by at least $2 billion while getting $655 million in fresh capital when it emerges from the Chapter 11 process
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World
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International
9/1/2021 9:15:00 AM
The government said the measures 'will give Afghans the certainty and stability to rebuild their lives with unrestricted rights to work and the option to apply for British citizenship in the future'
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Business
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Economy
8/30/2021 2:00:08 PM
The general government remains the main obligor of all debts, accounting for around 59.7 percent of Egypt’s external debt, as it rose by $11.1 billion at the end of March 2021 compared to June 2020, reaching $80.5 billion
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Sports
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World
8/16/2021 2:41:28 PM
Barcelona, he said, have debts of 1.35 billion euros and a wage bill, at 617 million euros, that is "25 to 30 per cent higher than that of our competitors."
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World
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Region
8/9/2021 5:47:39 PM
In June, French President Emmanuel Macron announced that Erdogan vowed to withdraw foreign mercenaries from Libya
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Business
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Economy
7/25/2021 2:27:12 PM
The comprehensive technical education agreement in Egypt is the last one to receive financing within the second tranche of the second phase of the debt swap program between Egypt and Germany
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Business
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Economy
7/23/2021 7:58:00 PM
Egypt maintained its economic stability, debt sustainability, and investor confidence, read the IMF report
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World
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Region
7/19/2021 12:32:58 PM
Ibrahim said Khartoum would also ask Saudi Arabia, the United Arab Emirates and Kuwait to reschedule Sudan's remaining debt for 16 years
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World
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International
7/12/2021 4:05:15 PM
Montenegro, a member of the NATO military alliance and an aspirant to join the EU, is the highest-profile casualty of Chinese debt, Western officials say
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Business
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Economy
7/11/2021 4:00:19 PM
The data showed that Egypt’s total long-term debt edged up to $121.5 billion in Q3 of FY2020/21, up from $117.2 billion in the previous quarter and about $1 billion in the same quarter of FY2019/20
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