Ambassador : H.E.Mr.Ahmed Rezk M. Rezk
Full name: Arab Republic of Egypt
Population: 82.5 million (UN, 2011)
Capital: Cairo
Area: 1 million sq km (386,874 sq miles)
Major language: Arabic
Major religions: Islam, Christianity
Life expectancy: 72 years (men), 76 years (women) (UN)
Monetary unit: 1 Egyptian Pound = 100 piastres
Main exports: Petroleum, petroleum products and cotton
GNI per capita: US $2,440 (World Bank, 2010)
Internet domain: .eg
International dialling code
: +20

Crisis:Egypt, Fitch downgrades rating to B+ amid uncertainty 2012-06-20

 

 

Crisis:Egypt, Fitch downgrades rating to B+ amid uncertainty

The international ratings agency Fitch has cut Egypt's rating to B+ from BB-, with a negative outlook. A statement claims that the downgrade reflects growing uncertainty over the political transition after the decision by the Constitutional Court.