Egypt's PM noted that the debt burden for the upcoming year is expected to be lower than in 2024, marking a positive ...

Egypt's budget deficit is 14 percent of gross domestic product (GDP) and its overall debt, which is the result of accumulated deficits, is more than the country's economic output. In this ...

Saudi Arabia-based ACWA Power has secured senior debt facilities, worth SAR2.638bn ($701.9m), to finance a 1.1GW wind power ...

The European Commission's €1 billion ($1 billion) loan in macroeconomic assistance to Egypt under its continuing strategic ...

During the weekly cabinet meeting held on Wednesday, at the New Administrative Capital, Madbouly indicated that Egypt has paid approximately seven billion dollars in debt during November and December, ...

Prime Minister Mostafa Madbouly announced that Egypt has successfully repaid approximately USD 38.7 billion in debts ...

(MENAFN- Daily News Egypt) Egypt's external debt skyrocketed by 307%, while its Gross National Income (GNI) rose by 69%, according to the World Bank's International Debt Report 2023. Among Low ...

When African nations accumulate significant debt with the IMF, they are frequently forced to enact strict economic reforms ...

Egypt’s economy in 2024 has been at a crossroads,  grappling with persistent challenges amid potential opportunities. The ...

The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the country access to about $1.2 billion.

Egypt’s external debt skyrocketed by 307%, while its Gross National Income (GNI) rose by 69%, according to the World Bank’s International Debt Report 2023. Among Low- and Middle-Income Countries ...