Tag: Fitch

Egypt’s Finance Minister defends economy’s resilience after Fitch’s downgrade

Egypt can obtain $5bn annually on favourable terms from multilateral development banks:…

Daily News Egypt Daily News Egypt

Fitch downgrades Egypt rating to B- with stable outlook

Fitch Ratings has downgraded Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B-'…

Mohamed Samir Mohamed Samir

Fitch downgrades Egypt’s rating to B, with negative outlook

Inflation to average at 24% in FY23, steadily decrease to 18% in…

Daily News Egypt Daily News Egypt

IMF loan to stabilise Egypt’s economic situation: Fitch Solutions

They added in a report: Contrary to our expectations, authorities proceeded with…

Daily News Egypt Daily News Egypt

Egypt’s commercial real estate stock maintains its position as a cost-effective investment: Fitch

It added that government efforts to increase foreign investment and boost private…

Daily News Egypt Daily News Egypt

Fitch affirms Egypt’s B+ rating with stable outlook

Egyptian economy has outperformed vast majority of Fitch-rated sovereigns over 2020

Daily News Egypt Daily News Egypt

Fitch affirms Saudi Arabia’s A rating, but revises outlook to negative

The downturn has been attributed to the novel coronavirus (COVID-19) pandemic and…

Daily News Egypt Daily News Egypt

Egypt’s real estate market witnesses robust demand: Fitch

Ongoing construction of 20 new cities across Egypt, in addition to development…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt is best-placed in MENA apparel production: Fitch Solutions

Country’s mid-range manufacturing sector remains underdeveloped, with electrical/mechanical machinery, vehicles accounting for…

Nehal Samir Nehal Samir

Fitch lowers US credit outlook to negative from stable

Fitch expected the US economy to contract by 5.6% in 2020 and…

Xinhua Xinhua