Egypt’s banking system gets upgraded to ‘stable’ by Moody’s

Egypt’s banking system gets upgraded to ‘stable’ by Moody’s

Special to WorldTribune.com Egypt’s banking system has been upgraded from negative to stable by Moody’s Investors Service. The credit rating agency said on July 15 that the operating conditions for Cairo’s banking sector will improve amid accelerated growth and economic reforms instituted by President Abdul Fatah Sisi’s government. Moody’s expects Egypt’s economy to expand by […]