WebMar 10, 2024 · CAIRO – 10 March 2024: Fitch Ratings affirmed, Wednesday, Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook. WebAug 4, 2024 · Fitch Ratings has revised its outlook on the Egyptian banking sector’s operating environment to stable in August, from negative in July, driven by the improvement in foreign currency liquidity.
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WebApr 25, 2024 · Fitch has maintained that rating for six times in a row since March 2024, when the outlook went up from B with a positive outlook to B+ with a stable outlook. The credit rating of Egypt by Fitch has been improving since January 2014, when it became B- with a stable outlook compared to B- with a negative outlook in July 2013. WebAug 4, 2024 · Fitch said that Egypt’s banking system had net foreign assets amounting to $1.7 billion by the end of June 2024; a marked improvement from the net foreign liabilities worth $5.3 billion it had ... shareware video editor
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WebThe ratings agency has revised the outlook on Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) to negative from stable, but affirmed the IDR at 'B+'. In a report issued on Tuesday, Fitch also cited a decline in foreign reserves this year, saying they were now equal to just over three months of current external payments. WebApr 4, 2024 · MENA. Tue, 04 Apr 2024 - 03:10 GMT. Fitch Ratings SolvencyIIWire via Flicker. CAIRO - 4 April 2024: Fitch Ratings has said that Egypt is the second largest steel producer in the Middle East and North Africa (MENA) in 2024. This came in a report published by the Cabinet's Information and Decision Support Center (IDSC) on Tuesday. WebOct 20, 2024 · Fitch_Ratings - SolvencyIIWire via Flicker. CAIRO – 20 October 2024: Fitch Ratings affirmed Wednesday Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook. Egypt's ratings are supported by its recent record of fiscal and economic reforms, which the authorities are continuing, as well as its large ... pop of georgia usa