Moody’s downgrades Bank of Alexandria’s rating to B3
Moody’s stated the rating action was driven by the firm’s “view that…
Finance minister directs Gulf aid to foreign reserves and state budget
Expert: Value of aid is “economically misleading” and unlikely to raise the…
Moody’s maintains negative outlook on Egypt
The agency stated that Egypt's rating could be downgraded further if there…
Moody’s: Gulf aid is “credit positive”
Qatar, meanwhile, had granted Egypt $2.5bn in loan last January, and extended…
High interest rates attract international and Gulf banks
“The fact that there’s a general trend of expansion happening is a…
Expert: Downgrade timing casts doubt over IMF negotiations
New credit rating one level above Cyprus and below Greece and Pakistan
CBE raises rates by 50 points basis to support the economy
Central Bank of Egypt (CBE) raised both of its main rates by…
CBE raises rates by 50 points basis to support the economy
Central Bank of Egypt (CBE) raised both of its main rates by…
Returns on Government Dollar-denominated bonds set to reach $1bn by 2022
Bloomberg: Returns on Egypt government bonds continued to rise, despite the Moody’s…
National Bank of Abu Dhabi 50th most secure bank globally: Global Finance
Bank makes top 50 ranking for fifth year in a row, also…