debt

Mayor says Turkish state banks shut out Istanbul after poll win
Middle East

Mayor says Turkish state banks shut out Istanbul after poll win

ISTANBUL (Reuters) — Istanbul’s new mayor has said Turkey’s state banks stopped making routine loans to the city after a…
Fear, turmoil in Lebanon as its financial crisis worsens
Middle East

Fear, turmoil in Lebanon as its financial crisis worsens

BEIRUT (AP) — On one of Beirut’s main commercial streets, store owners are cutting salaries by half or considering shutting…
Dubai ready to take on more debt if needed: economic adviser
Middle East

Dubai ready to take on more debt if needed: economic adviser

DUBAI (Reuters) – Dubai continues to service its debt and is ready to take on more if needed, an economic…
Egypt aims to reduce government debt to 77.5% by June 2022
Business

Egypt aims to reduce government debt to 77.5% by June 2022

The Egyptian Finance Ministry announced on Friday that the government is targeting the budget for the fiscal year 2019/2020 with…
Lebanese veterans block highways in budget protest
Middle East

Lebanese veterans block highways in budget protest

BEIRUT (Reuters) – Hundreds of veterans burned tyres and blocked highways in Lebanon on Thursday to protest plans to tax…
After crisis, Greek youth divided about EU
World

After crisis, Greek youth divided about EU

As she ponders her future abroad, Greek university graduate Alexandra is unsure she wants to vote on May 26 for…
After Tripoli assault, Libya’s next battle could be over banks
Middle East

After Tripoli assault, Libya’s next battle could be over banks

TRIPOLI (Reuters) – Eastern Libya commander Khalifa Haftar has thrown much of his military forces into attacking Tripoli, but the…
Egypt expects its debt to become ‘euroclearable’ in October: minister
Egypt

Egypt expects its debt to become ‘euroclearable’ in October: minister

CAIRO (Reuters) – Egypt has signed an agreement with Euroclear, Europe’s biggest settlement house for securities, to allow holders of…
India economy seen losing momentum ahead of election
World

India economy seen losing momentum ahead of election

NEW DELHI (Reuters) – India’s economy appeared to be losing momentum in the approach to a general election that must…
Egypt’s govt plans to reduce indebtedness on medium term: Finance Minister
Economy

Egypt’s govt plans to reduce indebtedness on medium term: Finance Minister

  Egypt’s Finance Ministry, participating with the economic ministerial group and the Central Bank of Egypt, has prepared an integrated…
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