Financial Institutions 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…
Banks 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…
Featured Moody’s raises Cyprus’ credit rating to Baa2 Aya El Sayed May 26, 2024 0 Moody's Ratings has boosted Cyprus' economic outlook to positive from stable, while affirming its long-term credit…
Banks Egypt expects over $20b FX inflows post IMF deal – FinMin Aya El Sayed Mar 19, 2024 0 Egypt’s Minister of Finance Mohamed Maait said on Tuesday that the anticipated foreign cash inflows are estimated…
Banks Moody’s reveres outlook of 5 Egyptian banks’ to positive Aya Anwar Mar 13, 2024 0 Moody's Ratings affirmed ratings and assessments for five Egyptian banks and reversed their outlook from negative…
Featured Moody’s revises Egypt’s outlook to positive, affirms rating at CAA1 M.S. Salama Mar 8, 2024 0 Moody's has revised Egypt's outlook to positive and affirmed its rating at CAA1, Reuters reported on Thursday.
Egypt News Flexible macroeconomic risk management helps Egypt contain shocks – Maait Sama Mousa Jan 21, 2024 0 Moody’s, global rating agency, maintained Egypt’s sovereign credit rating at Caa1, Egypt’s finance minister Mohamed…