Egypt News Egypt away from sovereign default Nada Ali Jan 31, 2024 0 Egypt is far from failure to meet its financial obligations, as the pessimism priced into the nation’s dollar bonds…
Money Moody’s warns resilience of Israel’s debt issuers is at stake Yomna Yasser Oct 11, 2023 0 The resilience of Israel’s debt issuers is at stake if a conflict stretches on, impairing economic activity and…
Banks Fitch downgrades Tunisia’s rating to CCC- Yassmine Elbehnaihy Jun 11, 2023 0 Fitch Ratings downgraded Tunisia’s credit rating from CCC+ to CCC- on Friday, amidst economic uncertainty and…
Money Moody’s affirms GIG Egypt’s Ba2 rating, stable outlook – official Eslam Abdelhameed Aug 2, 2021 0 Moody’s Investors Service has affirmed the Ba2 insurance financial strength rating (IFSR) of GIG Insurance - Egypt…
Money Moody’s cuts Saudi Arabia outlook to ‘negative’ on oil price crash Amwal Al Ghad English May 2, 2020 0 Moody's Investors Service has on Friday cut Saudi Arabia's outlook to "negative" from "stable", saying the oil…
Money Moody’s affirms Egypt’s B2 credit rating with stable outlook Amwal Al Ghad English Apr 20, 2020 0 Ratings agency Moody's has kept on Saturday Egypt’s credit rating at B2 with a stable outlook.
Money Egypt banking system outlook stable on robust growth, high liquidity: Moody’s Amwal Al Ghad English Jan 23, 2020 0 The outlook for Egypt’s banking system is stable over the next 12-18 months as the banks maintain high liquidity…
Money Moody’s says Egypt rate cut, easing inflation will support banks revenue Yomna Yasser Sep 30, 2019 0 Moody's Investors Service on Monday said the Egyptian central bank’s decision to cut key interest rates is a credit…
Financial Institutions Moody’s assigns positive outlook for Egypt’s banks on strong economy Amwal Al Ghad English Feb 12, 2019 0 Moody's Investors Service has maintained its positive outlook on Egypt’s banking sector, buoyed by an improving…
Financial Institutions Rising interest rates threaten frontier markets including Egypt: Moody’s Yomna Yasser Oct 11, 2017 0 Egypt’s vulnerability to external shocks as global interest rates rise is quiet the highest, among other frontier…
Financial Institutions Moody’s says U.S. can forget about Triple-A rating if it violates debt ceiling Yomna Yasser Sep 6, 2017 0 The U.S. will lose its Triple-A rating if it violates the debt ceiling, even if it quickly acts to meet its…
Financial Institutions Moody’s affirms Egypt’s B3 rating with ‘stable’ outlook Yomna Yasser Aug 19, 2017 0 Moody's Investors Service has affirmed on Friday Egypt’s long-term issuer and senior unsecured bond ratings at B3.…
Banks Moody’s: Qatar’s banks face a deteriorating situation as Gulf blockade… Yomna Yasser Aug 8, 2017 0 Moody's Investors Service cut on Tuesday the outlook for Qatar's banking system to negative from stable amid a…
Financial Institutions Moody’s forecasts Egypt account deficit to shrink to 3% of GDP in 2020 Yomna Yasser Jul 22, 2017 0 Moody's Investors Service said on Thursday that the International Monetary Fund (IMF) review of Egypt's economic…
Financial Institutions Moody’s: GCC rift could affect Qatar credit quality via trade, capital flows Yomna Yasser Jun 5, 2017 0 Credit rating agency Moody's Investors Service is concerned that the rift between Qatar and other regional states…
Financial Institutions Moody’s upgrades Kuwait and UAE credit outlook, cuts Qatar’s debt rating Yomna Yasser May 28, 2017 0 Moody’s Investors Service has upgraded Sunday its creditworthiness outlook for both the UAE and Kuwait, but…
Financial Institutions Moody’s downgrades China ratings to ‘A1’ over slowing economy, growing debt concerns Yomna Yasser May 24, 2017 0 Moody's Investors Service downgraded on Wednesday China's credit rating to A1 from Aa3, changing its outlook to…
Financial Institutions Moody’s says Egypt IMF programme will support fiscal, external position Yomna Yasser Mar 29, 2017 0 While Egypt's international Monetary Fund programme will support gradual improvements to the country's fiscal and…
Financial Institutions Moody’s: Egypt economy to grow 4.5% in 2017/18 Yomna Yasser Jan 16, 2017 0 Credit rating agency Moody’s said Sunday it forecasts Egypt’s economy to grow by 4.0 percent and 4.5 percent in…
Financial Institutions Moody’s affirms Egypt B3 rating, outlook remains stable Yomna Yasser Aug 20, 2016 0 Moody's Investors Service has affirmed on Friday Egypt's long-term issuer and senior unsecured bond ratings at B3…
World Turkey’s stocks gain to three-week high as Moody’s delay spurs lira Yomna Yasser Aug 8, 2016 0 Turkish stocks surged to a three-week high and government bonds advanced as Moody’s Investors Service’s decision to…
Financial Institutions India’s implementation of CPI target to aid inflation fight: Moody’s Noha Gad Aug 7, 2016 0 India's decision to formally implement its central inflation target of 4 percent can help moderate future price…
Financial Institutions Moody’s affirms Spain’s ‘Baa2’ rating, yet cuts outlook to… Yomna Yasser Feb 21, 2016 0 Moody's Investors Service affirmed Friday Spain's sovereign rating of "Baa2" but lowered the outlook on the rating…
Financial Institutions Moody’s: Egypt’s ailing economy increases credit risk, 1-year EDF ups Yomna Yasser Nov 30, 2015 0 Moody's Investors Service said in its latest report that the recent deterioration in Egypt’s economic outlook has…
Financial Institutions Moody’s: Egypt insurance market displays ‘untapped potential’ despite challenges Yomna Yasser Oct 21, 2015 0 The future prospects for Egypt's insurance market are encouraging, as a result of the improving economic backdrop…
Financial Institutions Moody’s: Drop in Egypt’s foreign reserves ‘credit negative Yomna Yasser Oct 12, 2015 0 The steady drop of Egypt’s international foreign reserves is “credit negative,” according to a report released by…
Financial Institutions Moody’s maintains U.S. credit rating and stable outlook Noha Gad Oct 7, 2015 0 Ratings agency Moody's Investors Service upheld the United States' triple-A credit rating and stable outlook on…
Financial Institutions Moody’s slashes India’s growth forecast to 7% Yomna Yasser Aug 18, 2015 0 Moody's Investors Service on Tuesday lowered its forecast for India's economic expansion to 7% this fiscal year due…
Financial Institutions Moody’s changes Egypt Banking System Outlook to ‘Stable’ – Statement Yomna Yasser Jul 15, 2015 0 Moody's Investors Service announced Wednesday it has changed the outlook for Egypt's banking system to stable from…
Financial Institutions Moody’s: Egypt Tax Revenues possibly below Draft Budget Estimate Yomna Yasser Jun 29, 2015 0 Moody’s Investors Service said in a report Thursday it expects Egypt’s tax revenues to be lower than 612 billion…
Banks Moody’s assigns Counterparty Risk Assessments to five Egyptian Banks Yomna Yasser May 19, 2015 0 Moody's Investors Service assigned Tuesday counterparty risk assessments (CR Assessments) to five Egyptian banks.…
Financial Institutions Moody’s downgrades General Electric’s Debt after News to exit GE Capital Yomna Yasser Apr 11, 2015 0 Moody's Investors Service downgraded on Friday General Electric Co.'s senior unsecured debt rating to A1 from Aa3,…
Financial Institutions BREAKING: Egypt gets Credit Boost to B3: Moody’s Yomna Yasser Apr 7, 2015 0 Moody’s Investors Service raised Tuesday its credit rating on Egypt by a notch to B3 from Caa1, citing improved…
Financial Institutions Moody’s: Lower Oil Prices will support Egypt’s Fiscal Consolidation Efforts Yomna Yasser Feb 10, 2015 0 The main positive impact from lower oil prices will be on Egypt's (Caa1 stable) public finances, as lower than…
Banks Moody’s Changes Outlook to ‘Stable’ for Five Egyptian Banks Yomna Yasser Oct 22, 2014 0 Moody's Investors Service ("Moody's") has today affirmed and changed to stable from negative the outlook on the…
Financial Institutions Moody’s: Egypt’s Credit Profile Constrained by Economic Dislocation, Political… Yomna Yasser Oct 3, 2013 0 In a report published today, Moody's Investors Service says that Egypt's Caa1 sovereign rating with negative…
Tech news Telefonica Said to Mull Doubling Down in Italian Gambit Yomna Yasser Sep 19, 2013 0 As Telecom Italia SpA (TIT)’s financial investors prepare to cut off funding, the future of the phone company…
Financial Institutions Japan’s Debt Exceeds 1 Quadrillion Yen as Abe Mulls Tax Rise Yomna Yasser Aug 9, 2013 0 Japan’s national debt exceeded 1,000 trillion yen for the first time, underscoring the case for Prime Minister…
Banks Italy Banks Bad Loans Underline Southern Europe Malaise Yomna Yasser Aug 1, 2013 0 Italian banks are more reluctant to lend as a recession saddles them with mounting bad debt, highlighting a growing…
Banks Moody’s Downgrades Egypt’s Bank Of Alexandria; Negative Outlook Yomna Yasser Aug 1, 2013 0 Moody's Investors Service downgraded Egypt's Bank of Alexandria's (BALX) local-currency deposit rating for one…