credit ratings

Egypt among emerging markets most likely to maintain positive GDP outlook: Fitch
Business

Egypt among emerging markets most likely to maintain positive GDP outlook: Fitch

Egypt is one of the few major emerging markets to maintain its positive Growth Domestic Product (GDP) outlook despite the…
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…
Experts fear political unrest could deal further economic blow
Business

Experts fear political unrest could deal further economic blow

Economic experts and investors have warned that Egypt’s ongoing political instability could harm the still-fragile economy, stressing that economic indicators…
IMF loan is a first step for Egypt, rating agency says
Business

IMF loan is a first step for Egypt, rating agency says

Egypt's request for a US$3.2 billion loan from the International Monetary Fund is encouraging, but such assistance will only have…
Experts warn of negative credit ratings affecting foreign investment
Business

Experts warn of negative credit ratings affecting foreign investment

Economists have warned that negative credit ratings for the Egyptian economy would adversely affect foreign investment. The international rating agency…
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