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Here’s why Moody’s has upgraded Egypt’s credit rating

Here’s why Moody’s has upgraded Egypt’s credit rating

The credit rating agency Moody’s has upgraded Egypt’s long-term credit rating from Caa1 to B3, while maintaining a positive outlook.…
IMF, World Bank launch global roadmap to combat online financial fraud

IMF, World Bank launch global roadmap to combat online financial fraud

The International Monetary Fund and World Bank unveiled a global roadmap to fight online financial fraud as increasingly sophisticated scams…
Declining oil reserves and rising debt threaten global economy: IMF

Declining oil reserves and rising debt threaten global economy: IMF

The International Monetary Fund (IMF) warned that the global economy may soon face a stern test to its resilience. This…
PM: Egypt Forum 2026 to discuss inflation-linked cash subsidies, social protection reform

PM: Egypt Forum 2026 to discuss inflation-linked cash subsidies, social protection reform

Egypt Forum 2026 will discuss ways to improve the transition from in-kind subsidies to cash support, including linking subsidy values…
Egypt’s foreign currency reserves rise to US$ 57.35 billion

Egypt’s foreign currency reserves rise to US$ 57.35 billion

The Central Bank of Egypt’s net foreign currency reserves reached approximately US$ 57.35 billion by the end of September 2026—an…
Experts explain reasons behind Fitch affirming Egypt’s “B” rating

Experts explain reasons behind Fitch affirming Egypt’s “B” rating

The decision by the global credit rating agency Fitch to affirm Egypt’s rating at “B” with a stable outlook has…
Planning Minister, LinkedIn discuss future job market needs

Planning Minister, LinkedIn discuss future job market needs

Minister of Planning and Economic Development Ahmed Rostom stressed on Friday, October 9, 2026, the need to continuously develop Egypt’s…
Fitch affirms Egypt’s credit rating at “B” with a stable outlook

Fitch affirms Egypt’s credit rating at “B” with a stable outlook

Fitch Ratings has affirmed Egypt’s long-term foreign-currency sovereign credit rating at “B” with a Stable Outlook. The agency noted that…
Egypt’s foreign reserves rise to $57.35 bln in September: CBE

Egypt’s foreign reserves rise to $57.35 bln in September: CBE

Prime Minister Mostafa Madbouly affirmed the State’s commitment to developing the non-banking financial sector in its various activities given its…
CAPMAS: Egyptian exports to South Korea rise 11.2% in first half of 2026

CAPMAS: Egyptian exports to South Korea rise 11.2% in first half of 2026

Data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) showed on Tuesday, October 6, 2026, that the…
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