Egypt PM, economic advisers review progress as growth momentum strengthens
Egypt’s Prime Minister Moustafa Madbouly met on Monday with members of the Macroeconomic Advisory Committee to…
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Fitch
Fitch: No Fed rate cuts until Q4
Despite rising recession risks and weakening economic growth, the US Federal Reserve is not expected to cut…
Fitch sees US growth slowing to a crawl in late 2025
The United States is headed for a sharp economic slowdown, with Fitch Ratings forecasting GDP growth of just 0.4…
Fitch sees China growth slipping below 4% amid trade war fallout
Fitch Ratings has lowered its growth forecast for China to under 4 per cent for both 2025 and 2026, citing…
Global growth set for ‘weakest’ year since 2009 – excluding pandemic, Fitch warns
Fitch Ratings has downgraded its global growth forecast for 2025, warning that the intensifying trade war between…
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…
Fitch downgrades China’s credit rating, cites debt, economic risks
Global ratings agency Fitch downgraded China’s sovereign credit rating on Thursday, citing concerns over “a…
Fitch affirms Saudi Arabia’s ‘A+’ credit rating with stable outlook
Fitch Ratings has affirmed on Friday Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A+’…
Fitch: Türkiye’s economic outlook stable despite inflation concerns
Türkiye's sovereign rating remains at 'BB-' with a stable outlook, according to Fitch Ratings.
Fitch: Eastern European sovereigns face balanced risks in ’25
Eastern European sovereigns are entering 2025 with a neutral credit outlook as improved growth prospects offset…
Fitch affirms Indonesia’s DBS rating at ‘AAA’
Fitch Ratings Indonesia has reaffirmed PT Bank DBS Indonesia's (DBSI) strong creditworthiness, assigning a…
Fitch projects stable outlook for European construction industry
Fitch Ratings has given the European Engineering and Construction (E&C) sector a ‘neutral’ outlook, citing…
S&P puts positive outlook on Ireland’s credit rating
S&P Global Ratings assigned a positive outlook to Ireland’s credit rating, emphasising the country's strong…
Fitch: Growth in China’s ports slows in Q3 ’24
China's port throughput growth slowed down in the third quarter of 2024 due to weaker global demand and subdued…
Fitch affirms India’s IRB Infrastructure Developers’ rating
Fitch Ratings affirmed India-based IRB Infrastructure Developers Ltd's Long-Term Issuer Default Rating and the…
Fitch maintains Sri Lanka’s rating at ‘RD’
Fitch Ratings reaffirmed Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'RD' (Restricted…
Fitch affirms Taiwan’s Rakuten Bank’s ratings at A+(twn)
Fitch Ratings affirmed the National Long-Term Rating of Taiwan-based Rakuten International Commercial Bank Co.,…
Fitch affirms Thai EXIM bank at BBB+
Fitch Ratings affirmed the Long-Term Issuer Default Rating (IDR) of Export-Import Bank of Thailand (EXIM) at 'BBB+'…
Fitch affirms Indonesia’s PLN at ‘BBB’
Fitch Ratings maintained Indonesia's PT Perusahaan Listrik Negara (Persero) (PLN) Long-Term Foreign- and…
Fitch to factor climate policies in European RMBS valuations
Fitch Ratings may account for the impact of climate-driven policies on residential property values for the first…
Fitch revises global reinsurance sector outlook to Neutral
Fitch Ratings has revised its global reinsurance sector outlook to ‘neutral’ from ‘improving,’ reflecting the…
Fitch affirms DBS Bank’s SGD 14.7b covered bonds at ‘AAA’
Fitch Ratings has affirmed the 'AAA' rating for DBS Bank Ltd's SGD 14.7 billion outstanding mortgage covered bonds.
Fitch assigns Indonesia’s Bank Sulutgo’s national ratings at A(idn)
Fitch Ratings affirmed Indonesia PT Bank Pembangunan Daerah Sulawesi Utara Gorontalo's (Bank Sulutgo) National…
Fitch affirms ICBC Thai AAA(tha) rating
Fitch Ratings has affirmed the National Long-Term Rating of ICBC (Thai) Leasing Company Limited (ICBCTL) at…
Fitch affirms New Zealand’s AAA+ rating with stable outlook
Fitch Ratings has maintained on Tuesday New Zealand's Long-Term Foreign-Currency Issuer Default Rating at AAA+ with…
S. Arabia’s PIF’s assets under management reach $765b in ’23
The Public Investment Fund (PIF) showed strong performance in 2023, with assets under management growing by 29 per…
Finland economy rebounds with 0.4% growth in Q2
Finland’s economy showed signs of a continued rebound in the second quarter, with GDP expanding 0.4 per cent from…
Fitch assigns A(EXP) to BOC’s Frankfurt branch notes
Fitch Ratings has assigned an expected rating of 'A(EXP)' to Bank of China Limited's (BOC) planned senior unsecured…
Fitch expects Egypt inflation to stand at 12.3% in ’25
Credit rating agency Fitch forecasts Egypt’s inflation to fall to 12.3 per cent in June 2025 from 27.5 per cent in…
Fitch: GCC banks show ‘strong appetite’ for Egyptian market
Gulf Cooperation Council (GCC) banks are showing “a strong appetite” to expand their presence in key regional…
Egypt away from sovereign default
Egypt is far from failure to meet its financial obligations, as the pessimism priced into the nation’s dollar bonds…
Fitch: Israel on rating watch negative, war escalation to lead to rating action
Fitch has on Tuesday placed Israel's sovereign debt rating of "A+" on rating watch negative as it warned a major…
Fitch Solutions expects Egypt’s c.bank to hike interest rates by 100bp before year-end
Fitch Solutions expects Egypt’s central bank to raise its key interest rates by 100 basis points before the end of…
Egypt to reply on gold entry without customs for expatriates in 48 hours
Egypt’s Minister of Finance Mohamed Maait, said on Saturday that he would respond to the proposal of gold entry…
Fitch’s downgrade comes amid severe pressure on Egypt’s economy
Egypt’s Minister of Finance, Mohamed Maait has commented on Fitch’s decision to downgrade Egypt from B+ to B,…
Fitch: Egyptian banks’ capital ratios can withstand a further pound depreciation
Egyptian banks’ regulatory capital ratios can withstand further Egyptian pound depreciation as they are supported…
Fitch Solutions ups Egypt’s GDP growth projections to 6.62% for 2022
Fitch Solutions has raised its projections for Egypt’s real GDP growth to 6.62 percent for 2022, up from 6.59…
Fitch Solutions raises projections for Egypt’s GDP growth to 6.59% in 2022
Fitch Solutions has on Sunday raised its projections for Egypt’s real GDP growth in 2022 to 6.59 percent, from 6.23…
Fitch Solutions raises Egypt’s 2022 real GDP growth forecast to 6.23%
Fitch Solutions has on Sunday revised for the third consecutive month its projections for Egypt’s real GDP growth…
Fitch Solutions downgrades Egypt’s real GDP growth forecast to 4.9% in FY2022/23
Fitch Solutions has on Thursday downgraded its projections for Egypt’s real GDP growth to 4.9 percent for the…