IHS cuts Egypt’s banking sector rating to “significant risk”
IHS expects the country’s economic growth to remain low over the next…
Banks: We are most affected by downgrades
MERIS downgrades long- and short-term credit ratings of NBE, Banque Misr, and…
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…
Gold reaches highest price for three weeks
Prices rise as Cyprus refuses to accept EU rescue plan conditions, once…
Foreign guarantors help plug emerging funding gap
By Carolyn Cohn / Reuters LONDON: With refinancing becoming a giant headache for…