Tag: debts

Egypt’s external debt rises to $125.3bn in September 2020

Long-term dues account for 90.2% of country’s total external debt

Hossam Mounir Hossam Mounir

Egypt benefits from debt swap programmes with Italy, Germany: Deputy Planning Minister

Debt swap is effective measure to reduce debt burden on countries and…

Daily News Egypt Daily News Egypt

EGP 9.9bn worth of debt waived under initiative to settle individual debts less than EGP 1m

940,000 thousand customers are covered by the initiative, their total debts amount…

Daily News Egypt Daily News Egypt

EGP 33bn of public sector companies’ bad debts settled

MoU to be signed soon between El Nasr Automotive, a Chinese company…

Daily News Egypt Daily News Egypt

International institutions acquired 30.7% of Egypt’s debts by end-June 2018

Debts to Arab countries reached $23.1bn or 24.9% of total external debts:…

Hossam Mounir Hossam Mounir

Defaulting clients visiting government banks to settle their debts

Initiative benefits 1,635 companies,17,000 individuals in NBE with total debt of EGP…

Hossam Mounir Hossam Mounir

Nasr calls for taking necessary measures, relieving developing countries’ debts

World faces several risks, challenges that may hinder achieving the 2030 strategy…

Hagar Omran Hagar Omran

CBE launches initiative to settle debts of 3,500 companies, 337,000 individuals

Initiative to benefit NBE, Banque Misr, Banque du Caire, Export Development Bank,…

Hossam Mounir Hossam Mounir

CBE provides banks $420m to cover companies’ flotation debts 

The Central Bank of Egypt (CBE) provided $420m to local banks to…

Hossam Mounir Hossam Mounir

Electricity Ministry covers EGP 21.2bn of its debts to Petroleum Ministry

President meets with Shaker, follows up on projects' implementation

Mohamed Farag Mohamed Farag