credit rating

Moody’s keeps Egypt’s credit rating at B2 with Stable Outlook
Business

Moody’s keeps Egypt’s credit rating at B2 with Stable Outlook

Egyptian Finance Minister Mohamed Maait announced Saturday that the Moody’s credit rating institute has kept Egypt’s credit rating in both…
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
Economy

Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook

American credit rating agency Fitch Ratings affirmed on Wednesday Egypt’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’, with…
Egypt’s credit rating maintains stable outlook: Standard and Poor’s
Business

Egypt’s credit rating maintains stable outlook: Standard and Poor’s

Standard and Poor’s (S&P) has kept Egypt’s credit rating in domestic and hard currencies at level B, maintaining a stable…
Infographic: Egypt’s net foreign reserves up to $44.4 billion
Egypt

Infographic: Egypt’s net foreign reserves up to $44.4 billion

Egypt’s Cabinet announced in an infographic on Saturday that the country’s net foreign reserves have risen from US$20.01 billion in…
Moody’s raises Egypt credit rating to ‘positive’
Business

Moody’s raises Egypt credit rating to ‘positive’

Moody’s Investors Service has upgraded Egypt’s credit outlook rating from “stable” to “positive”, praising the government’s IMF-spurred economic reform. According…
Egypt rated ‘B’ by global credit agency, with ‘positive outlook’
Business

Egypt rated ‘B’ by global credit agency, with ‘positive outlook’

Fitch Ratings, a globally-recognized credit rating agency, has reaffirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at “B”, while maintaining…
Moody’s bets on foreign investment in Egypt to ease dollar shortage
Business

Moody’s bets on foreign investment in Egypt to ease dollar shortage

Despite warning about the pressures on foreign currency liquidity resulting from the dollar shortage, Moody’s has maintained its stable outlook…
Standard & Poor’s cuts Egypt credit rating to stable
Business

Standard & Poor’s cuts Egypt credit rating to stable

Standard & Poor's cut Egypt's credit rating outlook to stable from positive, keeping Egypt's long-term rating at B-. The institution said…
International Expert: Improvement in credit rating of Egypt depends on the outcome of EEDC
Business

International Expert: Improvement in credit rating of Egypt depends on the outcome of EEDC

Major international credit rating institutions believe that Egypt's current rating is stable, said economy expert Amr Hassanein. Moody's, Fitch and Standard…
ADB: Credit rating of Egypt and Tunisia limits their borrowing
Business

ADB: Credit rating of Egypt and Tunisia limits their borrowing

Donald Kaberuka, head of the African Development Bank (ADB), said on Thursday that the low credit rating of Egypt and…
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