Fitch improves Egypt’s credit rating to B+
Fitch upgrades Egypt's credit rating to B+ testifies to the Egyptian government, testifies Egyptian government's…
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Egypt’s tax change could spur banks to step up private lending
A proposed change to the way Egypt taxes bank profits could encourage lenders to boost credit to the private sector…
Egypt’s movable collateral registry collects 14,000 assets since March: I-Score
Egypt’s registry for movable assets, launched earlier mid-March this year, had collected 14,056 collaterals worth…
Moody’s upgrade Egyptian banking system’s outlook to positive
Moody's Investors Service upgraded its outlook of the Egyptian banking system to positive from stable.
Moody’s says Egypt fuel price hike is ‘credit positive’
Moody's Investors Service says in a recent report that Egypt’s fuel price hike is credit positive, as the increase…
Amendments to Egypt Capital Markets Law credit positive for banks: Moody’s
The amendments passed by Egypt’s parliament last week to the Capital Markets Law are credit positive for banks,…
Egypt’s external debt reaches $79 bln at end-2017: FinMin
Egypt's Finance Minister stated Tuesday that the external debt reached $79 billion at the end of 2017, not $100…
Fitch Ratings revises Egypt’s outlook to positive, affirms at ‘B’ rating
Fitch Ratings revised the outlook for Egypt’s Long-Term Foreign and Local-Currency Issuer Default Ratings (IDRs)…
S&P cuts China’s credit rating, citing increasing economic, financial risks
S&P Global Ratings downgraded China's long-term sovereign credit rating by one notch on Thursday to A+ from…
BLOM Bank-Egypt launches asset management unit
BLOM Bank Egypt, the Egyptian arm of Lebanon’s lender BLOM, has recently launched its asset management unit, deputy…
