See every side of every news story
Get Started
SubscribeLogin
Everton
Donald Trump
Ukraine War
Volodymyr Zelenskyy
Viktor Orbán
Hamas
Basketball
Israel-Hamas Conflict
Manchester United
Elon Musk
Premier League
Soccer
Published • loading... • Updated

Moody’s affirms Egypt’s Caa1 rating with positive outlook

Summary by Arab News
RIYADH: Global credit rating agency Moody’s has affirmed Egypt’s Caa1 long-term foreign and local currency rating with a positive outlook, citing improved debt service prospects. A report from the organization said the move was driven by the country’s stronger foreign exchange reserves and lower borrowing costs following the currency’s devaluation and flotation. Moody’s awards a Caa1 rating to countries with poor quality and very high credit r…

2 Articles

All
Left
Center
Right
1
Arab NewsArab News

Moody’s affirms Egypt’s Caa1 rating with positive outlook

RIYADH: Global credit rating agency Moody’s has affirmed Egypt’s Caa1 long-term foreign and local currency rating with a positive outlook, citing improved debt service prospects. A report from the organization said the move was driven by the country’s stronger foreign exchange reserves and lower borrowing costs following the currency’s devaluation and flotation. Moody’s awards a Caa1 rating to countries with poor quality and very high credit r…

·Riyadh, Saudi Arabia
Read Full Article
top50women.comtop50women.com

Moody's Reaffirms Egypt's Caa1 Rating, Positive Outlook Remains - Top 50 Women Forum

Moody's Ratings confirmed Egypt's Caa1 long-term issuer ratings for foreign and local currency. They also maintained a positive outlook. The foreign-currency senior unsecured MTN program rating remains at (P)Caa1

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Arab News broke the news in Riyadh, Saudi Arabia on Thursday, February 20, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Business

Business

Egypt

Egypt

Egypt Economy

Egypt Economy

News
For You
Search
BlindspotLocal