Egypt: Sovereign Rating Upgraded to B (S&P Global Ratings)

On October 10, 2025, S&P Global Ratings upgraded Egypt’s long-term sovereign credit rating from “B-” to “B”, while confirming the short-term rating at “B”. The agency also raised the transfer and convertibility assessment to “B” from “B-” previously. The outlook remains stable. Growth and Macroeconomic Reforms: This upgrade reflects the reforms implemented since 2024, including…...