Banks Moody’s downgrades Bangladesh’s banking sector Nada Ali Nov 21, 2024 0 Moody's Ratings has downgraded Bangladesh's banking sector to "very weak" from "weak."
Featured Moody’s forecasts 5% growth for Egypt’s economy by FY25/26 Yomna Yasser Nov 20, 2024 0 Moody's forecasts Egypt's economy to grow 5 per cent in the 2025/2026 fiscal year and by 4 per cent in the current…
Featured Moody’s downgrades Israel’s ratings to Baa1, maintains negative outlook Aya Anwar Sep 29, 2024 0 Moody's Ratings has downgraded Israel's long-term local and foreign-currency issuer ratings to Baa1 from A2,…
Featured EBRD projects modest 1.2% growth for Tunisia in ’24 Aya Anwar Sep 26, 2024 0 Tunisia’s economy is forecast to grow by a modest 1.2 per cent in 2024, according to the European Bank for…
Featured Moody’s raises outlook on global reinsurers to positive Yomna Yasser Sep 3, 2024 0 Moody's Ratings raised on Tuesday its outlook for global reinsurers from stable to positive, citing increased…
Money Moody’s: All-out conflict could carry grave ‘credit consequences’ for Israeli debt issuers Yomna Yasser Aug 27, 2024 0 An all-out military conflict with Hezbollah or Iran could have significant "credit consequences" for Israeli debt…
Featured S. Arabia’s PIF’s assets under management reach $765b in ’23 Aya Anwar Aug 20, 2024 0 The Public Investment Fund (PIF) showed strong performance in 2023, with assets under management growing by 29 per…
Africa News Moody’s further downgrades Kenya’s sovereign rating Aya Anwar Jul 9, 2024 0 Moody's downgraded Kenya's sovereign rating further into junk territory on Monday, citing reduced capacity to…
Africa News Uganda, S. Korea ink infrastructure development deal Aya Anwar Jun 6, 2024 0 Uganda has secured a $500 million loan from South Korea in a deal to support the infrastructure development in the…
Featured Bank of Israel likely to hold rates steady Aya Anwar May 27, 2024 0 Amidst rising inflation fueled by record government spending and ongoing conflict, Israel's central bank is likely…