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Financial Institutions
Scope places US AA credit rating under review for downgrade
Scope Ratings has on Tuesday placed the United States’ AA long-term credit ratings under review for a possible…
Egypt eyes debt-to-GDP cut to 81% by June 2026
Egypt aims to lower its debt-to-GDP ratio to 81 per cent by the end of June 2026, as part of a broader strategy to…
Egypt unveils EGP 78b support package in 2025/26 budget to boost industry, exports
Egypt’s Finance Minister Ahmed Kouchouk on Tuesday unveiled the draft 2025/26 state budget, outlining a record 78…
Egypt posts record primary surplus of EGP 435bn – FinMin
Egypt posted a record primary surplus of 435 billion Egyptian pounds, equivalent to 2.5 per cent of GDP, over the…
Egypt’s 2025/26 budget targets growth, stability, business partnership – FinMin
Egypt’s Finance Ministry on Tuesday unveiled the draft state budget for fiscal year 2025/26, emphasising a strategy…
Egypt’s c. bank chief rules out fixed exchange rate policy
Egyptian Central Bank Governor Hassan Abdalla ruled out the possibility of adopting a fixed exchange rate policy,…
Fitch affirms Egypt’s credit rating at ‘B’, stable outlook
Fitch Ratings has on Friday affirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’ with a…
S&P revises Egypt’s outlook to stable with ‘B-/B’ rating
S&P Global Ratings revised Egypt’s outlook to stable from positive while affirming its long- and short-term…
Chinese stock exchanges impose daily sales limits amid escalating trade war with US
Chinese stock exchanges have introduced daily restrictions on net share sales by hedge funds and large retail…
URGENT: Egypt’s annual core CPI inflation eases in March — CBE
Egypt’s annual core consumer price index (CPI) declined to 9.4 per cent in March 2025, down from 10.0 per cent in…
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