debt
Egypt plans to reduce its debt to lowest level in history: PM
Business
September 8, 2025
Egypt plans to reduce its debt to lowest level in history: PM
Prime Minister Mostafa Madbouly announced that Egypt is currently aiming to achieve the lowest debt reduction in its history, RT…
Egypt’s medical sector in crisis over LE 43 billion government debt
Egypt
August 28, 2025
Egypt’s medical sector in crisis over LE 43 billion government debt
The head of the General Division of Medical Supplies at the Cairo Chamber of Commerce, Mohamed Ismail Abdo, announced that…
Egypt’s external debt fell by US$12.9 billion in 2024
Business
April 6, 2025
Egypt’s external debt fell by US$12.9 billion in 2024
Reforms led by the Central Bank of Egypt (CBE) contributed to the country’s largest ever decline in external debt in…
Mashat: Developing countries face 50 percent surge in debt service
Egypt
February 17, 2025
Mashat: Developing countries face 50 percent surge in debt service
Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation, has said the developing countries are facing a…
Egypt repays a total of $38.7 billion in debt during 2024
Egypt
December 26, 2024
Egypt repays a total of $38.7 billion in debt during 2024
Egyptian Prime Minister Mostafa Madbouly confirmed that the amount of debt due in the coming year will be less than…
Egyptian MP slams government over unabated borrowing policy
Egypt
November 21, 2023
Egyptian MP slams government over unabated borrowing policy
Egyptian parliament member Abdel-Moneim Emam criticized the government for expanding its borrowing policy unabated, according to RT Arabic. This came…
Egypt launches ‘Ubuntu Iniatiative’ to help countries ease debt burdens
Egypt
July 19, 2023
Egypt launches ‘Ubuntu Iniatiative’ to help countries ease debt burdens
Egyptian Parliamentarian Sahar Albazar has launched the “Ubuntu Initiative”, a global initiative by parliament members from Egypt, Ghana, Senegal and…
Why China and Japan are praying the US won’t default
World
May 26, 2023
Why China and Japan are praying the US won’t default
Hong Kong CNN — As the clock ticks down toward an unprecedented US debt default, the world’s second- and third-biggest…
Lebanon to restore UN payments ‘immediately’ after losing voting rights in General Assembly
Middle East
January 21, 2023
Lebanon to restore UN payments ‘immediately’ after losing voting rights in General Assembly
Lebanon vowed to restore its payments to the UN’s operating budget on Friday after losing its right to vote in…
Russia’s version of Google warns it may not be able to pay its debts
World
March 6, 2022
Russia’s version of Google warns it may not be able to pay its debts
London (CNN Business) – Russia’s biggest search engine could collapse as financial fallout from the invasion of Ukraine spreads. Yandex…