Egypt · Story · Markets
Egypt's credit Ratings affirmed and upgraded
Egypt's credit ratings have been affirmed and upgraded by major agencies, reflecting economic resilience and reforms amid regional challenges.
No new coverage since 17 October 2026.
The story so far as of 17 October 2026
On 8 October, Fitch Ratings affirmed Egypt's long-term foreign-currency sovereign credit rating at 'B' with a Stable Outlook. On 10 October, Fitch reaffirmed the rating, which was welcomed by the Finance Ministry and experts. On 11 October, S&P Global Ratings affirmed Egypt’s credit rating at B/B with a stable outlook, reflecting confidence in medium-term strategies. On 17 October, Moody's upgraded Egypt's credit rating from Caa1 to B3, citing stabilization of the pound and successful reforms.
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Coverage, day by day
- Markets
Moody's upgrades Egypt's credit rating to B3
Impact Lenders to Egypt and foreign investors gain confidence from the credit rating upgrade.
Sources: Al Masry al Youm ↗
- Markets
S&P affirms Egypt’s credit rating at B/B
Impact Lenders and investors see Egypt's credit rating remain stable, supporting confidence in economic reforms.
Sources: Amwal Al Ghad ↗
- Markets
Fitch affirms Egypt's 'B' rating with stable outlook
Impact Creditors and investors in Egypt gain confidence from the stable credit rating, indicating continued economic resilience.
Sources: Al Masry al Youm ↗
- Markets
Fitch affirms Egypt's credit rating at 'B' stable
Impact Investors in Egyptian financial markets see continued stability with Fitch's rating affirmation.
Sources: Al Masry al Youm ↗
Sources in this story
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