Fitch Ratings

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…
Lebanon finances point to debt restructuring: Fitch Ratings
Middle East

Lebanon finances point to debt restructuring: Fitch Ratings

BEIRUT (AP) — Lebanon’s financial situation points to a likely restructuring of the country’s massive debt and financial sector to…
Egypt’s IDR upgraded to ‘B+’ by global credit rating agency
Business

Egypt’s IDR upgraded to ‘B+’ by global credit rating agency

Globally-recognized credit rating agency Fitch Ratings has upgraded Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B+’ from ‘B’, assuring…
Fitch affirms Egypt at ‘B’; Outlook stable
Egypt

Fitch affirms Egypt at ‘B’; Outlook stable

Fitch Ratings has confirmed that Egypt's long-term foreign and local currency Issuer Default Ratings (IDR) received a 'B' with a…
Egypt’s ratings stabilize but rapid recovery unlikely, according to Fitch
Business

Egypt’s ratings stabilize but rapid recovery unlikely, according to Fitch

Egypt’s economy will take over two years to recover from the upheavals following its January 2011 revolution, international credit rating…
Ratings agency predicts further delay to IMF deal
Business

Ratings agency predicts further delay to IMF deal

Egypt's extended election timetable could delay a $4.8 billion IMF loan agreement until the third quarter, Fitch Ratings said Wednesday,…
Fitch downgrades Egypt sovereign rating, could cut further
Business

Fitch downgrades Egypt sovereign rating, could cut further

NEW YORK — Fitch Ratings cut Egypt's sovereign credit rating Wednesday one notch, to B from B-plus, citing a wider…
Removal of Tantawi and Anan looks positive but Egypt still at risk, says Fitch
Business

Removal of Tantawi and Anan looks positive but Egypt still at risk, says Fitch

  Fitch Ratings has said that President Mohamed Morsy's removal of the two senior leaders of the Supreme Council of…
Fitch downgrades Egypt currency rating over political uncertainties
Business

Fitch downgrades Egypt currency rating over political uncertainties

Fitch Ratings said it had downgraded Egypt's long-term foreign currency rating from BB- to B+ with a negative outlook because…
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