Egypt’s commitment to exchange rate liberalisation combined with budgetary consolidation targets are crucial for boosting international confidence
Moody’s on Thursday affirmed its CAA1 rating but changed its outlook on Egypt to positive citing significant official and bilateral support
The US is now rated AA+ by Fitch, one step below AAA, and the assessor has a stable outlook on the country
S&P Global Ratings recently upgraded Emaar Properties based on the strong demand seen in the UAE’s real estate sector
Moody’s now ranks Kuwait two steps lower than Fitch Ratings and one below S&P Global Ratings
This year, Oman trimmed its budget expenditure and announced liquidity support in an effort to provide some relief from the Covid-19 shock