Moody’s downgrades Israel’s ratings to Baa1, maintains negative outlook
Moody's Ratings has downgraded Israel's long-term local and foreign-currency issuer ratings to Baa1 from A2,…
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Moody’s
EBRD projects modest 1.2% growth for Tunisia in ’24
Tunisia’s economy is forecast to grow by a modest 1.2 per cent in 2024, according to the European Bank for…
Moody’s raises outlook on global reinsurers to positive
Moody's Ratings raised on Tuesday its outlook for global reinsurers from stable to positive, citing increased…
Moody’s: All-out conflict could carry grave ‘credit consequences’ for Israeli debt issuers
An all-out military conflict with Hezbollah or Iran could have significant "credit consequences" for Israeli debt…
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…
Moody’s further downgrades Kenya’s sovereign rating
Moody's downgraded Kenya's sovereign rating further into junk territory on Monday, citing reduced capacity to…
Uganda, S. Korea ink infrastructure development deal
Uganda has secured a $500 million loan from South Korea in a deal to support the infrastructure development in the…
Bank of Israel likely to hold rates steady
Amidst rising inflation fueled by record government spending and ongoing conflict, Israel's central bank is likely…
Moody’s raises Cyprus’ credit rating to Baa2
Moody's Ratings has boosted Cyprus' economic outlook to positive from stable, while affirming its long-term credit…
Egypt expects over $20b FX inflows post IMF deal – FinMin
Egypt’s Minister of Finance Mohamed Maait said on Tuesday that the anticipated foreign cash inflows are estimated…
