debt
Yemen to get $655 mln of IMF reserves in new SDR allocation
Middle East
August 23, 2021
Yemen to get $655 mln of IMF reserves in new SDR allocation
ADEN, Aug 23 (Reuters) – Yemen will receive about $665 million worth of reserves from the International Monetary Fund (IMF)…
Pandemic leaves Indians mired in massive medical debts
World
July 26, 2021
Pandemic leaves Indians mired in massive medical debts
NEW DELHI (AP) — As coronavirus cases ravaged India this spring, Anil Sharma visited his 24-year-old son Saurav at a…
Official: Sudan seeking debt relief from Gulf Arab nations
Middle East
July 19, 2021
Official: Sudan seeking debt relief from Gulf Arab nations
CAIRO (AP) — Sudan will seek relief from wealthy Gulf Arab nations, aiming to get as much as 60 percent…
World Bank: Lebanon’s crisis among world’s worst since 1850s
Middle East
June 1, 2021
World Bank: Lebanon’s crisis among world’s worst since 1850s
BEIRUT (AP) — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world…
British retail faces “tsunami of closures” without rent help
World
May 30, 2021
British retail faces “tsunami of closures” without rent help
Britain’s retail sector will endure a “tsunami of closures” if the government does not extend a moratorium on aggressive debt…
Sudan seeks debt relief pledges, investment at Paris conference
Middle East
May 17, 2021
Sudan seeks debt relief pledges, investment at Paris conference
Sudan hopes to entice investors and secure pledges to pay off its arrears to the International Monetary Fund at a…
Will Lebanese banks crash Middle East finances?
Middle East
April 1, 2021
Will Lebanese banks crash Middle East finances?
Lebanon has been known as “the Switzerland of the Middle East” for decades because of its strict banking secrecy laws.…
Misr El-Kheir launches initiative for indebted female prisoners for Mother’s Day
Egypt
March 18, 2021
Misr El-Kheir launches initiative for indebted female prisoners for Mother’s Day
Egypt’s Misr El-Kheir Foundation launched the largest campaign to pay the debts of female indebted prisoners through offering shares at…
Rights group: Jordan’s debt prisons violate human rights law
Middle East
March 16, 2021
Rights group: Jordan’s debt prisons violate human rights law
AMMAN, Jordan (AP) — Samer Qraih had a good job working at a bank in Amman, Jordan, and decided to…
Misr El Kheir Foundation launches campaign to pay women’s debts
Egypt
February 18, 2021
Misr El Kheir Foundation launches campaign to pay women’s debts
The Misr El Kheir Foundation announced a campaign dubbed “Khalwees, Lessa” (Ready or Not) where public figures will pay the…