moody’s
Egypt’s insurance future positive, thanks to untapped market: Moody’s
Business
October 21, 2015
Egypt’s insurance future positive, thanks to untapped market: Moody’s
Moody’s global credit rating agency has drawn a positive picture of the future of Egypt’s insurance market, saying that low…
Moody’s finds it unlikely for Egypt to meet expected revenue from Suez Canal expansion
Egypt
August 13, 2015
Moody’s finds it unlikely for Egypt to meet expected revenue from Suez Canal expansion
Credit ratings provider Moody's expects "only limited credit-positive effects" for Egypt in the current fiscal year, in light of the…
Moody’s upgrades Egypt’s banking system’s outlook to stable
Business
July 15, 2015
Moody’s upgrades Egypt’s banking system’s outlook to stable
Moody's Investors Service says it has upgraded Egypt's banking system outlook to stable from negative, expecting the sector's operating conditions…
Moody’s changes outlook from ‘negative’ to ‘stable’ on deposit ratings of five Egyptian banks
Business
October 22, 2014
Moody’s changes outlook from ‘negative’ to ‘stable’ on deposit ratings of five Egyptian banks
Moody’s Investors Service on Wednesday changed the outlook on the long term local currency deposit ratings of five Egyptian banks from negative to…
Stock market loses LE500 million on Thursday
Business
February 14, 2013
Stock market loses LE500 million on Thursday
After a shaky day for the market, stock indexes closed with a LE500 million loss on Thursday. The main index…
Thursday’s papers: Protest legislation makes waves as politicians focus on Cabinet shakeup
Egypt
February 14, 2013
Thursday’s papers: Protest legislation makes waves as politicians focus on Cabinet shakeup
Thursday’s papers follow the saga of a controversial draft law restricting protests. Although the government says the legislation is slated…
Petroleum authority feels effects of credit downgrade
Business
February 13, 2013
Petroleum authority feels effects of credit downgrade
The General Petroleum Corporation will likely have trouble seeking loans following an international credit rating agency's decision to downgrade…
Moody’s keeps Egypt’s credit rating at B2
Business
September 13, 2012
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…
Poor outlook for Egyptian banks could affect foreign lending
Business
April 20, 2011
Poor outlook for Egyptian banks could affect foreign lending
Egypt could face difficulties in obtaining foreign loans, warned banking experts, after Moody's revised its outlook on Egypt's banking system…
Moody’s calls Egypt bonds ‘risky’
Business
April 27, 2010
Moody’s calls Egypt bonds ‘risky’
The international ratings agency Moody's, in a report released Monday, said that recently issued Egyptian government bonds will carry huge…