S&P Global Ratings has expressed optimism due to the recent surge in financial support Egypt has received …
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S&P
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Africa NewsBanksFeatureIndustry & TradeMoneyTech/AI
S. Africa’s private sector expands in Feb
by Aya Anwarby Aya AnwarSouth Africa witnessed a resurgence in private sector activity in February after a six-month downturn buoyed by …
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BanksFeature
Private credit in Europe surpasses pre-rate hike levels
by Aya El Sayedby Aya El SayedEuropean private lending activity rebounded to levels last seen in mid-2022, indicating a growing trend among investors …
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
S&P Global affirms Orient Takaful Egypt at A with positive outlook
S&P Global Ratings has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer …
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Ratings agency Standard & Poor’s (S&P) has recently affirmed the African Reinsurance Corporation’s (Africa Re) financial strength …
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FeatureFinancial InstitutionsMoney
S&P expects Egypt will approach IMF for loan to ease coronavirus impact
Rating agency S&P anticipated on Friday that Egypt would approach the International Monetary Fund (IMF) for a …
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Editors' PicksFinancial InstitutionsMoney
S&P expects Egypt’s foreign reserves to fall to $37 billion by June-end amid coronavirus
Rating agency S&P has forecast on Friday Egypt’s foreign exchange reserves – including gold – would decline …
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FeatureFinancial InstitutionsMoney
S&P affirms Egypt’s ‘B/B’ ratings, but says coronavirus to cause plunge in its economic activity
by Yomna Yasserby Yomna YasserRating agency S&P Global affirmed on Friday its ‘B/B’ long- and short-term foreign and local currency sovereign …
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European markets closed lower Monday following a session of heavy selling stateside last week.
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Ratings agency Standard & Poor’s affirmed Egypt’s ‘B/B’ credit rating on Friday, saying having competitive exchange rate, …
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