S&P Global Ratings upgraded Egypt’s outlook to positive, maintaining its B-/B long and short-term foreign and local …
Tag:
Egypt’s Outlook
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Financial Institutions
Russian plane crash ‘credit negative’ for Egypt: Moody’s
by Yomna Yasserby Yomna YasserThe recent Russian plane crash in Sinai Peninsula is “credit negative” for Egypt, and will weigh on …
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Financial Institutions
S&P revises Egypt Outlook to Positive, citing ‘Gradual Economic Recovery’
by Yomna Yasserby Yomna YasserRatings provider, Standard and Poor’s updated its outlook on Egypt from “stable” to “positive” on Friday, citing …
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In a week, Egypt’s stock Exchange (EGX) posted gains worth 9.3 billion Egyptian pounds (US$1.3bn) backed by …
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Industry & Trade
Centamin Says Egypt’s Outlook Improving with New Government
by Yomna Yasserby Yomna YasserCentamin Plc (CEY), the gold producer that runs a mine in Egypt, said the outlook for operating …
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Financial Institutions
Fitch: Egypt, Tunisia Ratings may be at “Low Point”
by Yomna Yasserby Yomna YasserImprovements in the political outlook suggest post-Arab Spring countries Egypt and Tunisia may be at the bottom …
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Banks
Fitch Revises Two Egyptian Banks’ Outlooks to Stable; Affirms at ‘B-‘
by Yomna Yasserby Yomna YasserFitch Ratings has affirmed National Bank of Egypt’s (NBE), its wholly-owned subsidiary, National Bank of Egypt (UK) Ltd’s …