credit rating
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
Economy
March 10, 2021
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
November 7, 2020
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
July 28, 2019
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
August 29, 2018
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
August 7, 2018
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
June 8, 2016
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
November 14, 2015
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
March 13, 2015
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
May 22, 2014
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…
Stock market rises despite Monday riots
Business
July 16, 2013
Stock market rises despite Monday riots
Violence clashes Monday night have had almost no effect on Egypt's stock markets, as indexes went up on Tuesday trading,…