S&P affirms South Africa’s investment grade credit rating, negative outlook
S&P Global Ratings affirmed on Friday South Africa's investment-grade credit rating and kept its negative…
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Moody’s slashes Finland’s last triple-A rating
Finland lost its last top-grade credit rating as Moody's downgraded it on Friday to Aa1 with a stable outlook,…
SFD signs cooperation protocol with Egypt’s construction federation
Egypt’s Social Fund for Development (SFD) has signed on Thursday a cooperation protocol with the Egyptian…
GIG-Egypt wins Petrojet’s insurance policy bid worth multi-billion pounds
Egypt’s Arab Misr Insurance Group – GIG-Egypt has won a policy bid for the country’s state-owned Petroleum Projects…
Kuwaiti Fund signs Egypt $100 mln water desalination loan
Egypt has signed Tuesday a Kuwait Fund for Arab Economic Development (KFAED)’s KD 29 million (around $100 million)…
A.M. Best affirms GIG-Egypt’s ratings at ‘BBB’
A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “BBB” of Egypt’s…
GIZ: Egypt nominated to be MENA’s micro financing and insurance hub
Egypt is nominated to become a regional hub for microfinance and insurance activities in the coming period, an…
Fitch affirms Egypt rating at ‘B’ with stable outlook
Fitch Ratings has affirmed on Monday Egypt's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at…
Abu Dhabi Fund to commit $500 mln to Sinai water desalination project
Egypt is to sign a $500 million agreement with Abu Dhabi Fund for Development soon to finance building a water…
EU delegation to discuss 2017-20 financing scheme with Egypt and donors
A total of €1.1 billion in EU grants was allocated to Egypt to be distributed over several areas of development.…