Moody's Corporation announced on August 25, 2025, its intention to secure a majority equity stake in Middle East Rating & Investors Service (MERIS), a domestic credit rating agency in Egypt. This move extends a long-established partnership that began in 2003.
The transaction aims to deepen Moody's presence in the Middle East and Africa, reaffirming its commitment to developing local capital markets. MERIS will continue to operate as an independent affiliate, maintaining its own rating methodologies and management team, subject to regulatory approvals.
This increased ownership will allow Moody's to further share its global best practices with MERIS, enhancing its offerings and contributing to the growth of Egypt's financial markets. The terms of the transaction were not disclosed.
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