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  1. Beirut Explosion Sends Lebanon Into Humanitarian, Economic Abyss\

    ...vestigated in Cyprus) instructed the crew to pick up heavy machinery at Beirut and deliver it to Jordan’s port of Aqaba. The poorly-maintained vessel was then embroiled in a legal dispute over fees, and the crew was stranded onboard in Beirut for 11 months. In 2014 the cargo was offloaded for ‘safety re...

    Volume: 63
    Issue: 32
    Published at Fri, 07 Aug 2020

  2. Egypt’s Debts To IOCs Again On The Rise

    ...w Cairo wrack up arrears of over $6bn by mid-2014 (MEES, 8 August 2014). A $12bn IMF program agreed in late 2016 brought financial stability: receivables fell to $900mn by mid-2019 and just $200mn by January this year. The Covid-19 pandemic now risks a return to the bad days. Receivables owed le...

    Volume: 63
    Issue: 32
    Published at Fri, 07 Aug 2020