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Egypt

KEY INDUSTRY VIEWS 

"The Road from Tahrir Square to Democracy.” February 14, 2011 – Mohamed El-Erian (PIMCO). 

NEW DEVELOPMENTS

November 3, 2023
Fitch Ratings Downgrade Egypt’s Long-Term Foreign Currency Issuer Default Rating from B to B-.

May 5, 2023
Fitch Ratings Downgrades Egypt's Long-Term Foreign Currency Issuer Default Rating from B+ to B.

April 7, 2015
Moody's Upgrades Egypt's Issuer Bond Rating from Caa1 to B3.

November 15, 2013
Standard & Poor’s Upgrades Egypt’s Long-Term Foreign Currency Rating from CCC+ to B-.

May 9, 2013
Standard & Poor's Downgrades Egypt's Long-Term Sovereign Credit Rating from B- to CCC+.

June 15, 2012
Fitch Downgrades Egypt’s Long-Term Foreign Currency Issuer Default Rating from BB- to B+.

June 11, 2012
EMTA Launches the Africa Focus Portal, providing convenient access to Africa-related resources on www.emta.org. 

February 10, 2012
Standard & Poor’s Downgrades Egypt’s Long-Term Foreign Currency Sovereign Credit Rating from B+ to B.

January 16, 2012
FT Article: Egypt Asks IMF for $3.2bn Standby Facility.

December 21, 2011
Moody's Downgrades Egypt's Government Bond Rating from B1 to B2.

October 27, 2011
Moodys's Downgrades Egypt's Government Bond Rating from Ba3 to B1.

October 18, 2011
Standard & Poor’s Downgrades Egypt’s Long-Term Foreign-Currency Sovereign Credit Rating from BB to BB-.

March 16, 2011
Moodys Downgrades Egypt's Foreign-Currency Government Bond Rating from Ba2 to Ba3.

February 7, 2011
Recommended FX and Currency Derivatives Market Practice on Settlement of EGP/USD Non-Deliverable Forward FX and Currency Option Transactions dated February 7, 2011.

February 4, 2011
Egypt Update.

Standard & Poor’s Downgrades Egypt’s Long-Term Foreign Currency Sovereign Credit Rating  from BB+  to BB.

February 3, 2011
Fitch Downgrades Egypt's Long-Term Foreign Currency Issuer Default Rating from BB+ to BB.

January 31, 2011
Moody's Downgrades Egypt's Government Bond Rating from Ba1 to Ba2.