Egypt

    Moody’s Corporation (NYSE:MCO) announced that it intends to secure a majority equity stake in Middle East Rating & Investors Service, a domestic credit rating agency in Egypt.

    The Egyptian Natural Gas Holding Company (EGAS) has awarded six new exploration blocks to a group of international companies, with expected investments totaling approximately $245 million, as per a statement.

    Egypt's annual headline inflation recorded 16.5% in May, versus 13.5% in April, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS) on June 4th.

    More Articles …

    1. Egyptian Cabinet greenlights 5 petroleum projects worth $221.2M
    2. Egypt’s annual core inflation hits 22.6% in January: CBE
    3. Egypt welcomes 15.7M tourists in 2024
    4. Egypt’s annual headline inflation records 23.4% in December: CAPMAS
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