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…
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…
Featured 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…
Featured 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…
unclassified 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.
Money 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…
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…
Money GCR affirms Afreximbank international scale long, short-term issuer credit ratings Amwal Al Ghad English Aug 16, 2023 0 GCR Ratings, an affiliate of Moody’s Investors Service, has recently affirmed Egypt-based African Export-Import…