Lowering Egypt’s Credit Rating Not To Impact IMF Talks: Ismail Hassan
Downgrading Egypt’s long-term sovereign credit rating from B- to CCC+ and short-term rating from B to C with stable…
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S&P’s
Egypt Bourse Benchmark Ends Week At 5404 Pts
The Egyptian Exchange (EGX) has ended this week paring its opening gains to EGP 512 million driven by the S&P’s…
Standard & Poor’s Rating Services Reaffirms Its AA Stable Rating For Dhaman
Dhaman's Director-General, Mr. Fahad Al-Ibrahim, stated that "Dhaman maintained a high rating, and has continued to…
S&P Cuts 3 Egyptian Banks To ‘B-/C’ After Sovereign Action
The rating actions on NBE, BM, and CIB follow our lowering of the long-term ratings on the Arab Republic of Egypt…
Egyptian Pound Falls To Eight-Year Low After S&P Rating Cut
Currency loses 0.1% to 6.1785 at 12:03pm in Cairo, heading for lowest close since Dec. 2008, according to prices…
S&P’s: Egyptian Banks 8th Lowest In Risk Exposure
The Egyptian banking sector was ranked the eighth globally in terms of risk exposure, while Swiss and Canadian…
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