S&P Global Ratings has affirmed Egypt’s sovereign credit rating at ‘B/B’ with a stable outlook, citing a balance between the country’s medium-term growth prospects and reform efforts against rising risks linked to a prolonged regional conflict, according to its latest report. The agency pointed to stronger external buffers supporting the rating, including international reserves that reached $52.8 billion in March 2026 and a record net foreign asset position of $30 billion in the banking sector.  [...]