Moody’s affirms Egypt Caa1 rating on fiscal reforms
Moody’s Ratings has affirmed Egypt’s Caa1 long-term foreign and local currency issuer ratings and maintained a…
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Moody’s
Egypt signals private-sector growth push in talks with Moody’s
Egypt outlined plans to accelerate private-sector-led growth and deepen structural reforms during talks with…
Moody’s to acquire majority stake in Egypt’s MERIS
Moody’s Corporation (NYSE:MCO) announced plans to acquire a majority equity stake in Middle East Rating &…
Oil falls on Monday
Oil prices dipped on Monday as Moody’s downgraded the US sovereign credit rating and China reported slower growth…
Moody’s downgrades US credit rating to Aa1
Moody’s Ratings downgraded the United States’ long-term issuer and senior unsecured ratings to Aa1 from Aaa, citing…
Moody’s foresees compromise in S. Africa’s budget stalemate
Ratings agency Moody's anticipates that South Africa’s coalition government will reach a compromise to approve the…
Moody’s affirms Egypt’s Caa1 rating with positive outlook
Moody’s Ratings has affirmed on Wednesday Egypt’s Caa1 long-term foreign and local currency issuer ratings,…
Investment Minister highlights Egypt’s reforms to boost credit rating with Moody’s
Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib met on Tuesday with a delegation from Moody's as…
Moody’s downgrades Bangladesh’s banking sector
Moody's Ratings has downgraded Bangladesh's banking sector to "very weak" from "weak."
Moody’s forecasts 5% growth for Egypt’s economy by FY25/26
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…
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,…
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…
Moody’s reveres outlook of 5 Egyptian banks’ to positive
Moody's Ratings affirmed ratings and assessments for five Egyptian banks and reversed their outlook from negative…
Moody’s revises Egypt’s outlook to positive, affirms rating at CAA1
Moody's has revised Egypt's outlook to positive and affirmed its rating at CAA1, Reuters reported on Thursday.
Flexible macroeconomic risk management helps Egypt contain shocks – Maait
Moody’s, global rating agency, maintained Egypt’s sovereign credit rating at Caa1, Egypt’s finance minister Mohamed…
Moody’s warns resilience of Israel’s debt issuers is at stake
The resilience of Israel’s debt issuers is at stake if a conflict stretches on, impairing economic activity and…
GCR affirms Afreximbank international scale long, short-term issuer credit ratings
GCR Ratings, an affiliate of Moody’s Investors Service, has recently affirmed Egypt-based African Export-Import…
Moody’s places Egypt’s B3 ratings on review – report
Moody's Investors Service (Moody's) has placed on Wednesday Egypt's B3 long-term foreign-currency and…
Moody’s affirms Egypt’s credit rating at B2, stable outlook
Moody's maintained on Friday Egypt’s long-term foreign and local currency issuance ratings at B2 and its stable…
Megaship Ever Given blocking Suez Canal won’t significantly disrupt Egypt’s balance of…
Egypt’s balance of payments will not to see a remarkable t disruption as a mega ship called, Ever Given, has been…
Increased Egyptian expat remittances positive for economy: Moody’s
Egypt’s recent increase in its expat remittances has had a positive effect on recipient households, on the broader…
Moody’s completes periodic review of ratings of GIG Insurance – Egypt
Moody's Investors Service announced on Thursday that it has completed a periodic review of the ratings of GIG…
Moody’s sees Emerging markets’ real GDP to grow by 13.9% in 2021, 5% in 2022
Emerging market’s real GDP to grow by 13.9 percent in 2021 and by 5 percent in 2022, following a 7.2 percent…
Egypt’s banking sector forecast to remain stable in 2021 – Moody’s
The Egyptian banking sector is expected to be stable in 2021 even as profitability comes under pressure due to…
Egypt’s diversified economy supports B2 credit rating – Moody’s
Underpinned by a diversified economy, Egypt’s economic strength has supported its B2 issuer credit rating,…
Moody’s: Egypt credit profile reflects resilience to financing shocks on domestic,…
Moody's said on Wednesday that Egypt’s B2 stable credit profile reflects its sizable and diversified economy, as…
Moody’s cuts sales forecast for global automakers again
Global auto unit sales are predicted to fall 20% this year, widening from an earlier forecast of a 14% drop,…
Moody’s sees Egypt’s liquid foreign exchange reserve buffer to fall to $30…
Moody's estimated on Monday that Egypt's liquid foreign exchange reserve buffer will decline to about $30 billion…
Moody’s: Egypt capital outflows hit $15 billion in March and April
Moody's said on Monday it estimates that about $15 billion in capital outflows from Egypt occurred during March and…
Moody’s estimates Egypt’s economic growth to slow below 3% in FY2020/21
Moody’s said on Monday it estimates Egypt’s economic growth to slow below 3 percent in the financial year…
Moody’s affirms Egypt’s B2 rating with stable outlook
Moody's has affirmed on Monday Egypt’s long-term foreign and local currency issuer ratings at B2, with an outlook…
Moody’s cuts Saudi Arabia outlook to ‘negative’ on oil price crash
Moody's Investors Service has on Friday cut Saudi Arabia's outlook to "negative" from "stable", saying the oil…