B3 Archives - Middle East Observer

September 27, 2023

Egypt: Moody’s cuts country’s rating for reduced buffers and shock absorption capacity

February 8, 2023 MEO Staff

Ratings agency Moody’s lowered Egypt’s sovereign rating by one notch to B3 from B2 on Tuesday, citing the country’s reduced external buffers and shock absorption capacity. Moody’s Investors Service downgraded Egypt’s credit rating to B3 [ More … ]

B3

Egypt: Moody’s cuts country’s rating for reduced buffers and shock absorption capacity

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Egypt: Sisi’s regime fails to alleviate the country’s growing debt burden