{"id":654446,"date":"2024-11-03T00:00:00","date_gmt":"2024-11-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating\/"},"modified":"2024-11-03T00:00:00","modified_gmt":"2024-11-03T00:00:00","slug":"adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating\/","title":{"rendered":"Adib weighs in on Fitch Ratings upgrading our credit rating"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a calmer than usual night on the airwaves, two topics took over. <\/strong>El Hekayah\u2019s Amr Adib had a lot to say about Fitch Ratings upgrading our credit rating to B and he interviewed an expert to weigh in on Egypt hosting Hamas and Fatah representatives yesterday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adib\u2019s two cents:<\/strong> \u201cEgypt is currently catching its breath after an extremely difficult period that saw FX shortages, power outages, and market and budget problems,\u201d Adib said (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=WrO8eXPfl1g\" style=\"\" rel=\"noopener\">watch, runtime: 23:51<\/a>), and emphasized that \u201cthe next eight months will be decisive for the economy.\u201d Our improved credit rating by Fitch Ratings indicates that \u201cwe\u2019re on the right track. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What went down at the negotiations table yesterday? <\/strong>Hamas and Fatah representatives came together in Cairo yesterday for Egypt-led discussions aimed at bringing the two rival groups closer. \u201cSaturday, November 2, 2024, was different from what we've seen over the past year of aggression on Gaza,\u201d Command and Staff College advisor Osama Mahmoud told Adib (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=axLiPgz8j8s\" style=\"\" rel=\"noopener\">watch, runtime: 8:56<\/a>). The Egyptian-hosted meetings resulted in an agreement between representatives of both movements to form a committee responsible for managing Gaza after the Israeli war ends, Mahmoud said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** We have more on both stories in the news well, above. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On a calmer than usual night on the airwaves, two topics took over. El Hekayah\u2019s Amr Adib had a lot to say about Fitch Ratings upgrading our credit rating to B and he interviewed an expert to weigh in on Egypt hosting Hamas and Fatah representatives yesterday. Adib\u2019s two cents: \u201cEgypt is currently catching its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":654447,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[72,106,6984],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-654446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-enterpriseam","tag-last-nights-talk-shows","tag-middle-east-politics","wpautop","entry"],"acf":{"mongo_id":"de7a10eb-a33e-49eb-984b-71bcfe34ab01","order":"14","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/55.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adib weighs in on Fitch Ratings upgrading our credit rating","related_issue":[654422],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.38ec7c3b-bd24-45d2-86ea-a3bcde8d620d.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Adib weighs in on Fitch Ratings upgrading our credit rating - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Adib weighs in on Fitch Ratings upgrading our credit rating\" \/>\n<meta property=\"og:description\" content=\"On a calmer than usual night on the airwaves, two topics took over. El Hekayah\u2019s Amr Adib had a lot to say about Fitch Ratings upgrading our credit rating to B and he interviewed an expert to weigh in on Egypt hosting Hamas and Fatah representatives yesterday. Adib\u2019s two cents: \u201cEgypt is currently catching its [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-03T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/55.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Adib weighs in on Fitch Ratings upgrading our credit rating\",\"datePublished\":\"2024-11-03T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating\/\"},\"wordCount\":210,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/55.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"LAST NIGHT\u2019S TALK SHOWS\",\"Middle East politics\"],\"articleSection\":[\"LAST NIGHT\u2019S TALK SHOWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/03\/adib-weighs-in-on-fitch-ratings-upgrading-our-credit-rating\/\",\"name\":\"Adib weighs in on Fitch Ratings upgrading our credit rating - 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Tarek Amer\u2019s reappointment as central bank governor and Fitch\u2019s latest FX rating both earned screen time, as did the government\u2019s financial inclusion strategy and the president\u2019s meeting with Eni chief Claudio Descalzi. Story du jour\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":586887,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/18\/fitch-downgrades-credit-ratings-of-four-local-banks\/","url_meta":{"origin":654446,"position":2},"title":"Fitch downgrades credit ratings of four local banks","author":"enterpriseam admin","date":"18 May 2023","format":false,"excerpt":"The banks now have a rating of B, down from B+","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1032.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595516,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/fitch-affirms-credit-ratings-of-credit-agricole-national-bank-of-egypt\/","url_meta":{"origin":654446,"position":3},"title":"Fitch affirms credit ratings of Credit Agricole, National Bank of Egypt","author":"enterpriseam admin","date":"29 September 2019","format":false,"excerpt":"Fitch Ratings has affirmed the long-term issuer default rating for Credit Agricole Egypt (CAE) at 'AA+\u2019 with a \u2018stable outlook,\u2019 the agency said in a press release. The agency has also affirmed its rating for the National Bank of Egypt (NBE) at 'B+' with a stable outlook. \u201cThe ratings of\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574688,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/17\/fitch-affirms-nbe-credit-rating-at-b-with-a-stable-outlook\/","url_meta":{"origin":654446,"position":4},"title":"Fitch affirms NBE credit rating at B+ with a stable outlook","author":"enterpriseam admin","date":"17 September 2020","format":false,"excerpt":"Fitch Ratings has affirmed the long-term issuer default Rating for the National Bank of Egypt at 'B+' with a stable outlook, it said on Wednesday. The ratings agency also removed it from its rating watch negative list, reflecting its view of diminishing near-term risks to its credit profile, especially its\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574382,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/08\/egypts-credit-rating-is-vulnerable-to-water-risks-fitch\/","url_meta":{"origin":654446,"position":5},"title":"Egypt\u2019s credit rating is vulnerable to water risks -Fitch","author":"enterpriseam admin","date":"8 September 2020","format":false,"excerpt":"Egypt\u2019s sovereign credit rating is \u201cparticularly\u201d exposed to water stress and drought risks, Fitch Ratings suggests. This comes as water security could soon weigh more in ratings decisions, Fitch\u2019s Mahmoud Harb and Kathleen Chen said in a recent research note. \u201cWater risks are likely to become a more important sovereign\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/99.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/654446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=654446"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/654446\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/654422"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/654447"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=654446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=654446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=654446"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=654446"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=654446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}