Fitch affirms Egypt’s rating at ‘B’ with stable outlook
Fitch Ratings has affirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’, maintaining a…
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Credit Rating
France’s hung parlt. risks credit rating – S&P warns
S&P Global cautioned on Monday that France's hung parliament could complicate policymaking and jeopardise its…
Moody’s downgrades NYCB bank
Moody’s Investors Service downgraded New York Community Bancorp's (NYCB) credit rating to junk status, according to…
AM Best affirms GIG Insurance Egypt credit rating at bbb+
AM Best affirmed on Wednesday GIG Insurance – Egypt’s (GIG-Egypt) financial strength rating of bbb+ (Good) and the…
AM Best affirms credit ratings for Orient Insurance and Orient Takaful Insurance Egypt
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of a+…
Fitch downgrades Italy’s credit rating to one notch above junk
Italy’s credit rating has been downgraded to one notch above junk level by Fitch ratings agency as the coronavirus…
Turkey slats Moody’s downgrade, questions company’s objectivity
Moody’s decision to downgrade Turkey’s credit rating is incompatible with fundamental indicators, Turkey’s Treasury…
Egyptian bourse opens Sunday in green on S&P credit-rating
The Egyptian Exchange (EGX) opened Sunday’s trading session up on the back of Arab and foreign buying as Standard…
S&P raises Egypt’s outlook to positive from stable, maintains B rating
S&P revised Friday Egypt's outlook to positive on "rising reserves and strengthening economic growth," with a…
Egyptian Life Takaful seeks S&P, A. M. Best credit ratings for 2017
The Egyptian Life Takaful Company – GIG says it is seeking a new credit rating from the global credit rating…
Wethaq Takaful Egypt targets S&P, A. M. Best credit ratings by FY2018-19
Egypt’s Wethaq Takaful Insurance Company says it is seeking a new credit rating from a number of global credit…
S&P drops Illinois’ credit rating on state’s ‘weak’…
S&P Global Ratings has cut on Friday Illinois' credit rating one notch to BBB and warned it could fall further…
GIG Egypt Insurance to request new credit rating from A.M. Best
Egypt’s Arab Misr Insurance Group – GIG will start next month negotiations with A.M. Best rating agency to receive…
GIG Egypt targeting new Credit Rating from A.M. Best
Egypt’s Arab Misr Insurance Group – GIG will start next week lengthy talks with the leading rating agency, A.M.…
Fitch Upgrades Egypt Credit Rating To B, Cites Subsidy Cuts
Fitch Ratings upgraded Egypt's credit rating one step to "B" from "B-" citing structural reforms the government has…
Misr Insurance Eyes EGP5 billion Premiums by End of June 2015
Egypt's Misr Insurance Company (MIC) is planning to increase written premiums to EGP 5 billion within fiscal year…
Gulf aid have saved the state’s credit rating
Cash reserve must be built by local production and investments rather foreign aid and loans Talk that the credit…
Banque Du Caire: Investments in Govt Debt Instruments Hit EGP22 bln
Banque Du Caire’s investments in government debt instruments have recently reached around EGP 22 billion. Senior…
Italy Govt Prefers Telefonica Merger for Telecom Italia to Sawiris – Paper
The Italian government would prefer a merger between Telecom Italia and Spain's Telefonica, rather than a deal…
Misr Insurance Cites Egypt Stability to Get A.M. Best’s Credit Rating
The leading insurance market in the Middle East Misr Insurance Company (MIC) has finalized 80% of the procedures…
Barclays, Credit Suisse, Deutsche Bank Ratings Cut by S&P
Barclays Plc (BARC), Deutsche Bank AG (DBK) and Credit Suisse Group AG (CSGN) had their credit ratings…
A.M. Best Downgrades Issuer Credit Rating of Arab Misr Insurance Group S.A.E.; Revises…
A.M. Best Europe – Rating Services Limited has downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and…