Tag: debt

Return on debt instruments hits 12-year high

Different reactions to interest rate, 2% raise in interest rate at CBE

Hossam Mounir Hossam Mounir

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…

Reem Hosam El-din Reem Hosam El-din

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…

Hossam Mounir Hossam Mounir

Borrowing rate will not slow down as debt is set to increase

The finance ministry sold new bonds on international markets worth $3bn

Hisham Salah Hisham Salah

Egypt’s public debt is reaching critical level

Experts believe there are no other options but to ask for more…

Hisham Salah Hisham Salah

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…

Hossam Mounir Hossam Mounir

CBE provides $600m to settle dollar debts of about 570 companies

Companies will repay their debts—that resulted from fluctuations of exchange rates after…

Mohamed Ayyad Mohamed Ayyad

Egypt’s economy over 6 years

There are three variables in any economy which need to be reduced:…

Moataz Bellah Abdel-Fattah Moataz Bellah Abdel-Fattah

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…

Daily News Egypt Daily News Egypt