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…
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Moody’s
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…
