debt

A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones′ personal assets but dismissed his company’s separate bankruptcy case, leaving the immediate future of his Infowars media platform uncertain as he owes $1.5…
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Oman’s public debt stood at 15.1 billion Omani rials ($39.23 billion) by the end of March, marking a slight decrease from 15.3 billion rials at the close of 2023. This update comes as the Ministry of Finance disbursed over 206 million…
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Shareholders of the International Monetary Fund agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said…
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Egypt’s foreign debt increased by $3.5 billion in the fourth quarter of 2023, reaching a total of $168 billion, as reported by the nation’s planning ministry. This marks a climb from the $164.5 billion recorded at the end of September,…
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Saudi Arabia’s funding diversification plans and market development initiatives are bearing fruit, with the Kingdom’s debt capital market expected to witness continued growth in 2024. According to Fitch, the Kingdom’s outstanding DCM is…
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Philippine President Ferdinand Marcos Jr. on Friday wrote off $1.04 billion in land-related debt owed by more than half a million farmers, a move aimed at boosting food production. The “New Agrarian Emancipation Act” he signed into law…
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The International Finance Corporation (IFC) will provide up to $75 million in debt financing to a Yemeni food company as the war-torn country struggles with a growing hunger crisis and aid funding shortage, it said on Tuesday. The IFC,…
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A group of rich countries said on Friday that it would cancel much of the debt owed by Sudan to help the country back into the international fold. Talks that ended late on Thursday “allowed us to reach an historic agreement ... to manage…
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Sudan hopes to entice investors and secure pledges to pay off its arrears to the International Monetary Fund at a conference in Paris on Monday, paving the way for wider relief on external debt of at least $50 billion. Sudan built up…
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Abu Dhabi Ports Co. plans to sell more debt to support investment after selling its first bond of $1 billion on Wednesday, Bloomberg reported. The government-owned port operator in Abu Dhabi will look at a mix of loans, bonds and sukuk…
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