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Al-Ahram Weekly - Economy
8/10/2021 8:59:47 PM
Director of financial institutions at Fitch Ratings Zeinab Abdallah outlined the findings of its recent report on Egypt’s banks
Business - Economy
8/4/2021 2:09:48 PM
Pressures on the Egyptian banks’ credit profiles and viability ratings have eased after improvements to the operating environment were made by the end of the third quarter of 2020
Business - Economy
7/31/2021 1:31:28 PM
The affirmation of the B2 ratings and stable outlook reflects Egypt's continued exposure to volatile financing conditions, Moody's said
Business -
7/15/2021 1:02:06 PM
Fitch said that seasonal patterns will affect quarterly sukuk issuance which, following the summer break, is expected to inch up in the remainder of 2021 and beyond
World - International
6/17/2021 9:25:17 PM
It comes as Republicans have struggled to drag down Biden’s approval ratings, which have been buoyed by praise of his handling of the coronavirus pandemic
Business - Economy
6/13/2021 1:33:39 PM
Egyptian banks have higher profitability ratios than other peers in region, which gives them a room to keep adequate profitability margins and internal capital generation if interest rates are cut, according to Fitch
Al-Ahram Weekly - Economy
6/10/2021 12:28:00 PM
Egypt will soon be debuting its first sovereign sukuk bonds
Business - Economy
5/9/2021 11:49:45 AM
Minister of Planning and Economic Development Hala El-Said stated that S&P affirmation came on the back of the stability of Egypt’s macro-economy
World - International
5/1/2021 9:22:20 PM
Past the 100-day mark, with positive approval ratings and a far-reaching, nearly $2 trillion COVID-19 relief bill to show for it, Biden is now facing far more uncertain terrain
World - International
4/22/2021 9:34:10 AM
On Monday, the State Department said it would boost the number of countries receiving its highest advisory rating to about 80% of countries worldwide
Business - Economy
4/7/2021 8:32:40 PM
On the banking system, Egyptian banks face asset-quality deterioration and continued pressure on profitability through 2021 driven by the economic fallout from the pandemic, according to the report
Business - Economy
3/29/2021 2:15:28 PM
Fitch estimates losses may easily run into hundreds of millions of euros
Business - Economy
3/10/2021 1:48:39 PM
Egypt’s economy has shown stability and resilience through the global COVID-19 pandemic, said Fitch Ratings
World - Africa
2/13/2021 2:12:39 PM
'Exacerbated by the effects of the COVID-19 pandemic, Ethiopia's structurally weak external balance sheet has deteriorated further, in our view,' S&P Global Ratings said
Business - Economy
1/12/2021 4:17:02 PM
The reconciliation deal signed between GCC countries, Egypt and Qatar is also expected to contribute to higher volumes of investments
Business - Economy
12/16/2020 1:14:54 PM
Fitch Ratings said that country’s FC liquidity was boosted in Q3 2020 driven by the raising of a $2 bln one-year loan from regional and international banks and the issuing of $750 million green bonds in September
Business - Economy
12/3/2020 7:16:00 PM
Measures taken by the Central Bank of Egypt to restructure credit facilities to the distressed tourism sector are likely to provide some relief, Fitch Ratings said
Business - Economy
11/8/2020 11:56:36 AM
S&P expects Egypt to attain positive economic growth of 2.5 percent in FY2020/2021, projecting it to go up to 5.4 percent by 2022 despite the ongoing challenges of the COVID-19 pandemic
World - International
11/5/2020 2:12:42 AM
Business - Economy
9/3/2020 1:43:59 PM
The new tool demonstrates overall perception of risk among banks, insurers and non-bank financial institutions
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