Moody’s Investors Services

Moody’s changes Egypt’s outlook to stable from negative, on political stability, improved growth
Business

Moody’s changes Egypt’s outlook to stable from negative, on political stability, improved growth

Moody's Investors Service has changed Egypt's outlook to stable from negative and affirmed its Caa1 government bond rating. "The outlook change…
Moody’s says Egypt’s banking system outlook remains negative
Business

Moody’s says Egypt’s banking system outlook remains negative

The outlook for Egypt's banking system is negative, unchanged since 2011, says Moody's Investors Service in a report published today. Moody's…
Moody’s downgrades Egypt, citing unsettled political conditions, weak finances
Business

Moody’s downgrades Egypt, citing unsettled political conditions, weak finances

Moody's cut Egypt's credit rating on Thursday, citing unsettled political conditions and public finances, which it said raised the chance…
Central Bank raises rates to curb inflation, support pound
Business

Central Bank raises rates to curb inflation, support pound

The Central Bank raised interest rates on Thursday, hoping to curb soaring inflation and slow a sliding pound currency, but…
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