Two bankers expected the outcome of the Egypt Economic Development Conference (EEDC) will raise Egypt’s credit rating.
Standard & Poor's Ratings has put its sovereign credit ratings for Egypt on 'B'.
"Any step that the government takes in reforming the economy will raise Egypt's credit rating," Tarek Kandil, the chairman of Suez Canal Bank, said.
Mohamed Taha, the vice president of Banque du Caire, agreed.
"Egypt will get a good rating after this conference," he said.
Source: MENA
GMT 11:56 2018 Wednesday ,17 January
BlackRock chief calls on CEOsGMT 15:26 2018 Friday ,05 January
UAE bans import of live birds from the Netherlands following outbreak of highly contagious H5N8 Bird Flu strainGMT 12:17 2018 Thursday ,04 January
Banks 'reticent' to work with SudanGMT 10:15 2017 Saturday ,30 December
US tax reform to cut earnings by $5 bnGMT 18:42 2017 Thursday ,28 December
Al-Sukait Tackles Investors’ ContributionGMT 18:34 2017 Wednesday ,27 December
Shaath reveals opening date of Metro third lineGMT 09:37 2017 Saturday ,23 December
Brazil to maintain control over EmbraerGMT 14:31 2017 Sunday ,10 December
Post-Brexit London 'won't fall apart'Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor