credit rating

Egypt responds to Moody’s changing its future outlook to negative
Business

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

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-‘
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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

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

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…
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