Latest in Tag: Standard and Poors’ Highlight
Latest in Tag: Standard and Poors’
Standard and Poor’s affirms Egypt’s B/B-rating, outlook remains stable
Egypt’s GDP growth forecast at 4% from 2017-2020
Standard and Poor’s revises Egypt’s outlook from ‘negative’ to ‘stable’
S&P projects Egypt’s GDP growth may exceed 4% by 2019
South Africa’s President Zuma takes credit for keeping BBB- credit rating
President Jacob Zuma has welcomed the decision by Standard and Poor’s (S&P) to maintain South Africa’s investment rating at BBB-. However, the agency report also included a gloomy outlook.
Mega projects are one avenue to boost growth in Egypt: Standard and Poor’s
Egyptian deficits still remain high when compared to other countries at similar rating levels
Upward trend for Egypt’s economic indicators: Investment Minister
Egyptian government is aiming to achieve better results in upcoming three years, says Salman
Moody’s upgrades CR assessments for 5 Egyptian banks
On 15 May, Standard and Poor’s revised its outlook on Egypt, raising it from stable to positive
Upgrading Egypt’s economic outlook stimulus for investments, growth rate
Since the 25 January Revolution, Egypt’s economic outlook was downgraded several times by international credit rating agencies. The downgrades came about due to violence and political instability, which took a massive toll on investments and foreign reserves. In the wake of calls for protests on 30 June, Egypt’s economy saw a credit ratings cut on 21 …
Egypt in the eyes of international rating agencies
Fitch In January, Fitch Rating Agency restored Egypt’s outlook to stable for the first time since it was downgraded to negative nearly three years ago. This reflects an improvement in an economy hammered by years of violence and political instability that had a massive toll on foreign reserves and many industries. The ratings firm, however, …
Public finances remain weak, Sisi’s win does not alter ratings: Fitch
“A very high turnout might have enhanced the legitimacy of the return to military rule in domestic and international eyes,” the credit agency says
B-/B ratings affirmed, Al-Sisi expected to win: Standard and Poor’s
S&P notes that violence may escalate if “social elements” are radicalised, which will result in the continuous weakening fiscal and external accounts
Moody’s downgrades Turkey outlook to ‘negative’
Putting the country’s investment-grade rating at risk
Islamic banking headway in North African banks still slow: Standard and Poor’s
S&P value total Islamic banking assets in Egypt at around $11.6bn
S&P raises ratings on four Egyptian banks
Ratings agency upgrades long-term ratings on National Bank of Egypt, Banque Misr and Commercial International Bank to B- from CCC+, raises public information rating on NSGB.
Downgrade expected to negatively impact pharmaceutical industry: Experts
Adverse affects on banks following Egypt’s downgraded S&P rating extend to pharmaceuticals
Expert: Downgrade timing casts doubt over IMF negotiations
New credit rating one level above Cyprus and below Greece and Pakistan
IMF says Egypt loan talks ‘must reflect evolving conditions’
Fund spokesman said that no new IMF mission to Egypt has been discussed or scheduled.
Standard and Poor’s downgrades Egypt credit rating
Egypt’s long-term rating was lowered to ‘CCC+’ from ‘B-‘, while its short-term rating dropped to ‘C’ from ‘B’
National Bank of Abu Dhabi 50th most secure bank globally: Global Finance
Bank makes top 50 ranking for fifth year in a row, also ranks as the most secure bank in the Middle East
Egypt’s credit rating on the slide
S&P cuts Egypt’s credit rating to B-; fourth downgrade in 14 consecutive months