March 28, 2023
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Egypt Latest News

Egypt to borrow $73 billion in 2022, S&P Ratings report

April 10, 2022 MEO Staff

Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings has stated in a recent report that also expected that Egypt’s bond sales [ More … ]

Saudi Arabia News

Saudi Arabia borrowed $33.3 billion in 2021

December 24, 2021 MEO Staff

Saudi Arabia’s National Debt Management Centre (NDMC) said it has completed its 125 billion riyal ($33.3 billion) borrowing plan for 2021. Saudi Finance Minister and Chairman of the NDMC, Mohammed Bin Abdullah Al-Jadaan, announced that [ More … ]

Saudi Arabia News

KSA forced to boost borrowing as oil glut slams virus-hit economy

April 23, 2020 MEO Staff

Saudi finance minister says kingdom will also draw down up to $32bn from its reserves to finance deficit caused by twin crises Kingdom of Saudi Arabia (KSA) could be forced to borrow around $26bn more [ More … ]

Egypt Latest News

Egyptian regime plans to borrow $4bn in 2018

August 18, 2017 MEO Staff

A source from the Ministry of Finance revealed Egypt’s plan for early 2018 to return to the international financial markets and borrow $4bn to cover a budget deficit. The source told Bloomberg that the ministry [ More … ]

Latest

Egypt: Post-Cop27 – repression in Egypt back at full steam, report

Egypt Latest News
March 27, 2023

Egypt: Intelligence director reportedly discusses Sisi’s election rivals with opposition

Egypt Latest News
March 26, 2023

Egypt: Sisi is wasting billions of dollars while Egyptians are starving, Israeli newspaper

Egypt Latest News
March 25, 2023

Egypt: Amid financial crisis, IMF prepares 1st. review, World Bank approves $7bln to the country

Egypt Latest News
March 24, 2023

Egypt: Rights Watchdog calls for reintegration of released political prisoners

Egypt Latest News
March 23, 2023
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