debts
Egypt pays off $2.2 bn as part of scheduled $4.5 bn oil debt
Egypt
June 9, 2017
Egypt pays off $2.2 bn as part of scheduled $4.5 bn oil debt
Egypt succeeded over the last three weeks, in paying off $2.2 billion dollars from oil debts dedicated to international oil…
CBE solves dollar crisis for companies with short position at US$5 mn
Egypt
February 21, 2017
CBE solves dollar crisis for companies with short position at US$5 mn
Central Bank of Egypt governor (CBE) Tarek Amer approved an agreement with investors to restructure their debts owed to banks…
Parliament urges government to disclose debts
Egypt
December 27, 2016
Parliament urges government to disclose debts
The parliament’s economic committee has called on the Ministry of International Cooperation to reveal all the loans that Egypt has…
Electricity Ministry cuts power to state facilities over unpaid bills
Egypt
August 25, 2016
Electricity Ministry cuts power to state facilities over unpaid bills
The Ministry of Electricity has cut power to some administrative buildings of government companies and agencies that have not paid…
Infant abandoned by father found under hospital bed
Egypt
August 10, 2016
Infant abandoned by father found under hospital bed
A one-year-old child has been found under a bed in Mahalla General Hospital, Gharbiya governorate, with a note written by her…
Arsenal’s Elneny plays charity football match for Mansoura debt prisoners
Egypt
June 17, 2016
Arsenal’s Elneny plays charity football match for Mansoura debt prisoners
Egyptian football stars Mohamed Elneny and Ibrahim Salah took part in a chargity football match on Thursday in aid of…
Egypt’s debts to foreign oil companies up to US$3.2 bln: petro ministry official
Business
April 6, 2016
Egypt’s debts to foreign oil companies up to US$3.2 bln: petro ministry official
Egypt's outstanding arrears to foreign oil companies rose to US$3.2 billion at the end of March from $3 billion at…
Lenders team may return to Athens in coming week as differences narrow
Business
March 10, 2016
Lenders team may return to Athens in coming week as differences narrow
A team of international lenders from the euro zone and the International Monetary Fund is likely to return to Athens…
Newspaper: Banks assisting Ahmed Ezz’s indebted companies
Business
May 31, 2015
Newspaper: Banks assisting Ahmed Ezz’s indebted companies
Banks are actively assisting steel tycoon Ahmed Ezz to pull his companies out of debts with loans and other facilitations,…
Govt to establish fund to help ailing factories
Business
May 7, 2015
Govt to establish fund to help ailing factories
The presidency is considering establishing a fund of up to LE3 billion to help factories that are incurring loses, to which…