Tag Archives: Fitch

This Week in Egypt: Week 18-2023 (My 1-7)

Top Headlines Fitch downgrades Egypt to ‘B’ as economy reels S&P revises outlook for three Egyptian banks from stable to negative UAE’s Aldar Properties to hold off further Egypt investments for now Egypt launches first round of national dialogue Arab … Continue reading →

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This Week in Egypt: Week 17-2023 ( 24-30 April)

Top Headlines Egyptian embassy staff member was killed in Khartoum, Egypt relocates its diplomatic mission  Thousands of Sudanese families cross into Egypt to flee fighting Egypt struggles to lure Gulf buyers in state asset sell-off Fitch Solutions raises its forecast … Continue reading →

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This Week in Egypt: Week 3-2023 ( Jan 16-22)

Top Headlines Egypt vows to cut military’s outsized role in economy under IMF bailout Egyptian banks’ regulatory capital ratios can withstand further Egyptian pound depreciation, Fitch Ratings says Businessman Safwan Thabet, who faced accusations of funding “terrorist entities”, was released … Continue reading →

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This Week in Egypt: Week 40-2022 ( Oct 10-16)

Top Headlines IMF chief Georgieva says ‘big policy issues’ resolved in talks with Egypt  Fitch Solutions upgrades its projections for Egypt’s GDP growth by 0.36% in 2022, expects EGP to further weaken Egypt restricts dollar withdrawals amid liquidity crunch Inflation … Continue reading →

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This Week in Egypt: Week 16- 2022 ( April 18-24)

Top Headlines Cairo summit of leaders of Egypt, UAE, and Jordan Fitch gives Egypt ‘stable’ debt rating Egypt’s Public Prosecution decides to release 41 pre-trial detainees, including political activists Egyptian probe discounts criminal violence in researcher’s death despite concerns Main Headlines Monday … Continue reading →

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