credit rating

Moody’s keeps Egypt’s credit rating at B2
Business

Moody’s keeps Egypt’s credit rating at B2

  Moody’s decided on Thursday to maintain Egypt’s credit rating at B2 based on negative mid-range forecasts for the nation’s…
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…
Egypt’s credit ratings should improve after Morsy’s win, says Sharqawy
Egypt

Egypt’s credit ratings should improve after Morsy’s win, says Sharqawy

  Egypt should witness improvement in its international credit rating now that the new president has been announced, said on…
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…
Egypt’s foreign reserves drop to $18.12 billlion
Business

Egypt’s foreign reserves drop to $18.12 billlion

Egypt's foreign reserves dropped to US$18.12 billion at the end of December from $20.15 billion a month earlier, the Central…
Fitch downgrades Egypt credit rating over security, political conditions
Business

Fitch downgrades Egypt credit rating over security, political conditions

Fitch Ratings dropped Egypt’s credit rating by one notch to BB, which reflects the substantial and continuous erosion of Egypt's…
Stock market to resume trading on Wednesday
Egypt

Stock market to resume trading on Wednesday

The Egyptian stock market will re-open on Wednesday, said its head, Khaled Serri Seyam. Trading has been suspended since 27…
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