Finance Ministry Fails To Sell T-Bonds On Egypt’s Rating Downgrade
The Egyptian Ministry of Finance failed to sell three-year treasury bonds worth EGP 500 million on Monday as banks…
Browsing Tag
Egypt’s credit rating
Egypt’s Deadly Clashes, Downgrade Seen Hurting Sentiment Today
The deadly clashes that erupted in Egypt's capital in continuing opposition to the Islamist government and…
Egypt’s Blurry Economic Situation Led To Rating Downgrade: Former IMF Official
Uncertainty on the outlook of Egypt’s economy has driven Moody's Investors Service last Thursday to downgrade…
Morsi Urges Egypt Opposition To Cooperate On Reviving Economy
Egyptian President Mohamed Morsi called on the opposition to work alongside the government to stabilize the…
EGX 30 Falls 1%, Ends Below 5320 Pts On Local Sellers
The Egyptian Exchange (EGX) has extended its opening losses to eventually reach EGP 2.5 billion during Tuesday’s…
International analysts: lowering the credit rating threatens foreign development fund to…
International economic analysts forewarned that the continued reduction of Egypt’s credit rating will affect…
