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It was expected: Moody’s downgrades credit rating of five local banks

It was expected: Moody’s downgrades credit rating of five local banks

The move follows the agency’s decision to downgrade Egypt’s sovereign credit rating to Caa1 last week

Blackouts and hot weather continue to dominate the conversation on Egypt’s talk shows

Blackouts and hot weather continue to dominate the conversation on Egypt’s talk shows

Cabinet spokesperson Nader Saad gave an interview to expand on the PM’s presser on Thursday

Fitch downgrades credit ratings of four local banks

Fitch downgrades credit ratings of four local banks

The banks now have a rating of B, down from B+

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