Egypt’s Long-Term Ratings Upgraded; Outlook Revised to ‘Stable’

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has upgraded Egypt's Long-Term Foreign and Local Currency Ratings to 'B+' from 'B' and affirmed its Short-Term Foreign and Local Currency Ratings at 'B'. The Outlook for Egypt's ratings is revised to 'Stable' from 'Positive'.

Attachments

• Credit Rating Announcement (CRA)
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• Sovereign Rating Report (Egypt)
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