Standard and Poors

S&P Global expects GDP growth to record 4% in FY2023/2024

Sun, 22 Oct 2023 - 02:19 GMT

S&P highlighted the government’s decision to stop projects with significant FX costs or are at a completion rate of 50 percent or less, noting that it expected this to reduce related imports and support the country’s external position

S&P raises Egypt’s PMI score to 47.8 in May, its highest since Feb 2022

Mon, 05 Jun 2023 - 11:44 GMT

The recording is still lower than the 50 mark, which indicates growth

6 figures that indicate how Egypt's economy will continue to grow

Sun, 09 May 2021 - 02:42 GMT

Standard & Poor's credit rating agency has kept the sovereign rating of the Egyptian economy at the level of B / B in the long-term and short-term, while maintaining a stable outlook. Below are six figures that indicate how the Egyptian economy will continue to improve in the coming period.

S&P upgrades Egypt’s outlook to positive from stable

Sat, 11 Nov 2017 - 11:47 GMT

The rating agency said Egypt outlook revised to positive on the back of rising reserves and strengthening economic growth.

S&P holds Egypt's sovereign credit ratings with stable outlook

Fri, 12 May 2017 - 05:24 GMT

Standard and Poors Global Ratings affirmed Egypt's long and short term foreign and local currency sovereign credit ratings at 'B-/B', with a stable outlook.