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Time to negotiate: Lebanon officially defaults on its Eurobonds

Tuesday, 17 March 2020

Just over a week ago, Lebanon announced it would default on $1.2 billion of Eurobonds. Now, after a ......

Lebanon hopes debt talks could be wrapped up within 9 months: Official

Sunday, 08 March 2020

Negotiations to restructure Lebanon’s foreign currency debt should not last more than nine ......

Omani govt working on reducing debt: Sultan Haitham

Sunday, 23 February 2020

Oman’s Sultan Haitham bin Tariq al-Said said on Sunday the government will work on reducing ......

Lebanon to invite eight firms to bid to be financial adviser: Source

Wednesday, 19 February 2020

Lebanon will invite eight firms to bid to be its financial adviser as it studies all options on its ......

Saudi Arabia kicks off three-part dollar bond offering

Tuesday, 21 January 2020

Saudi Arabia started the sale of a three-part dollar bond as the Kingdom seeks to take advantage of ......

Puerto Rico proposes plan to reduce debt by 65 percent

Saturday, 28 September 2019

A federal board with oversight over Puerto Rico’s finances proposed a restructuring plan ......

Dollar remains at two-month highs as market awaits US growth data

Friday, 26 July 2019

The dollar held near two-month highs on Friday and looked set for a second straight weekly gain, as ......

IMF slashes Oman’s 2019 economic growth forecast to 0.3 percent

Thursday, 04 July 2019

The International Monetary Fund has cut Oman’s 2019 economic growth forecast to 0.3 percent ......

Lebanon central bank supports effort to cut debt servicing, no agreement yet

Tuesday, 25 June 2019

Lebanon’s central bank governor backs government efforts to cut public debt servicing costs in ......

Italy braces for three billion-euro Brussels fine

Tuesday, 28 May 2019

Italy’s Deputy Prime Minister Matteo Salvini said Tuesday he expected Brussels to slap Rome ......

Saudi Arabia reduces fees, trading commissions for local bond market

Thursday, 25 April 2019

Saudi Arabia’s Capital Market Authority (CMA), the country’s bourse and its Debt ......

India’s Jet Airways flying just seven planes amid investor talks

Monday, 15 April 2019

India’s ailing Jet Airways has drastically reduced operations amid talks with investors to ......

Egypt to slash fuel subsidies as it nears end of IMF program

Saturday, 06 April 2019

Egypt will remove subsidies on most energy products by June 15, it told the International Monetary ......

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