credit rating
Egypt responds to Moody’s changing its future outlook to negative
Business
January 20, 2024
Egypt responds to Moody’s changing its future outlook to negative
Egypt’s Finance Ministry assured that the government is working to manage macroeconomic risks with flexibility to contain successive external shocks,…
What does Fitch’s downgrading of Egypt’s credit rating and outlook mean?
Business
November 5, 2023
What does Fitch’s downgrading of Egypt’s credit rating and outlook mean?
For the second time in six months, Fitch Ratings on Friday moved to reduce Egypt’s sovereign rating for long-term debt…
Standard & Poor’s lowers Egypt’s credit rating to ‘B-‘
Main Slider
October 23, 2023
Standard & Poor’s lowers Egypt’s credit rating to ‘B-‘
Global rating agency Standard & Poor’s on Friday downgraded Egypt’s long-term sovereign rating to “B-” from “B” – indicating increased…
Fitch affirms Egypt’s credit rating at B+
Business
April 23, 2022
Fitch affirms Egypt’s credit rating at B+
Fitch Ratings affirmed Egypt’s credit at “B+” with a stable outlook for the fourth time. Egypt’s ratings are supported by…
Moody’s keeps Egypt’s credit rating at B2 with Stable Outlook
Business
August 1, 2021
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
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…