COOKIE NOTICE

We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by closing this message box or continuing to use our site. To find out more, including how to change your settings, see our Cookie Policy

Egypts Ranking

CI Ratings lowers Egypt’s long-term foreign currency rating to B

Capital Intelligence maintained Egypt's short-term debt rating at "B" and revised from its outlook on the long-term foreign currency rating and local currency rating from negative to stable.

Moody’s extends review of Egypt’s ratings, looks at reform progress and FX liquidity

The review process continues to focus on several aspects, including the outcomes of recent asset sales aimed at boosting foreign currency reserves, the country's net foreign asset position, foreign direct investment (FDI) inflows, and the exchange rate

Egypt stands out in Africa’s FDI and green investment landscape | UNCTAD

The UNCTAD’s World Investment Report 2023 “Investing in Sustainable Energy for All” disclosed that the gap has now widened to around $4 trillion per year

Moody's to review rating of 5 Egyptian banks

These banks are: the National Bank of Egypt SAE, Banque Misr, Banque Du Caire and Commercial International Bank. As well as the B2 long-term local and foreign currency deposit ratings of Bank of Alexandria.

Egypt grabs 8 places on Forbes ME’s 2023 Top 100 Travel & Tourism Leaders

Tourism continues to see a steady recovery, with the region’s travel and tourism industry being a major contributor to its economic growth and development, Forbes wrote