Tag: Fitch Ratings

Global GDP to contract 3.9% in 2020: Fitch Ratings

Job losses, pressures on small businesses to weigh heavily on post–crisis activity

Hagar Omran Hagar Omran

Egypt rate cuts made possible by macro stabilisation: Fitch Ratings

Fitch expects CBE to cut rates another 200-300 bps this year, despite…

Shaimaa Al-Aees Shaimaa Al-Aees

IMF deal eases Egypt’s market pressure along with other frontier markets: Fitch Ratings

IMF support has played an important role in reducing external liquidity risks,…

Mohamed Samir Mohamed Samir

Does Egypt’s economic targets line up with its economic reality?

Minister of Finance Amr El-Garhy had said on Sunday that the ministry…

Hisham Salah Hisham Salah

Fitch Ratings upgrades DP World during ongoing expansion of operations

The credit rating agency affirmed DP World Sokhna’s credit rating and fiscal…

Nicholas Mehling Nicholas Mehling

IMF deal would be credit positive for Egypt: Fitch Ratings

Government is explaining the importance of the loan to parliament, not concerned…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt’s GDP to grow by 3.6% in FY 2016/17: Fitch Ratings

The agency rating evaluates Egypt’s high fiscal deficit, low foreign reserve coverage,…

Mohamed Samir Mohamed Samir

Egypt to issue bonds on international markets after higher credit ranking: Cabinet

Lowering dues of foreign oil companies, amending investment laws and resolving conflicts…

Mohamed Ayyad Mohamed Ayyad

Fitch Raises Egypt’s Credit Rating to ‘B’

At end of 2014, national debt stood at 90.5% of GDP, and…

Daily News Egypt Daily News Egypt

Fitch cuts Egypt’s credit ratings from B to B-

The global rating firm could further downgrade Egypt’s credit rating, as outlook…

Nada Badawi Nada Badawi