Banks Moody’s Demotes 15 Major Banks Administrator Jun 22, 2012 0 The credit ratings agency Moody's has downgraded 15 global banks and financial institutions. The UK banks…
EGX EGX 30 Retreats 8.7% In Week On Runoff Uncertain Results Yomna Yasser Jun 21, 2012 0 Egyptian exchange main index EGX30 index sunk by 8.76 % this week, representing a retreat of 387.44 points, ending…
forex news Dollar Firms Thursday Amid Fed Announcement, China Data Yomna Yasser Jun 21, 2012 0 The dollar firmed across the board Thursday, after the Federal Reserve limited easing measures to an extension of…
Banks Fitch Lowers 3 Egyptian Banks’ Rating To ‘B+’; Outlook Negative Administrator Jun 19, 2012 0 Fitch Ratings has downgraded Egypt-based National Bank of Egypt (NBE), its wholly-owned subsidiary, National Bank…
EGX EGX Early Losses Hit EGP 3.7 Bln, CIB Shares 5.82% Down; Declaration Repercussions Yomna Yasser Jun 19, 2012 0 Amid the ruling military council’s controversial Sunday declaration, the Egyptian Exchange (EGX) had on early…
Banks Fitch Affirms Kuwait’s Gulf Bank At ‘A+’; Outlook Stable Administrator Jun 7, 2012 0 Fitch Ratings has affirmed Gulf Bank's ( GB ) Long-term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook…
World Asian Markets Worries Mount Over Growth Administrator Jun 4, 2012 0 Asian shares tumbled, as investors dumped risky assets, rattled by growing concerns about the global economic…
EGX EGX’s Main Index Falls 2.5% In Week Ahead of Presidential Elections Yomna Yasser May 17, 2012 0 Egypt Exchange’s benchmark EGX 30 index declined by 2.48 % this week, representing a retreat of 124.61 points,…
Banks ABG Net Operating Income Jumped By 16% In 2012 Q1 Amwal Al Ghad English May 9, 2012 0 The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its total…
Banks UAE’s First Gulf Bank Posts 7% Increase In Q1 Net Profit Administrator Apr 24, 2012 0 First Gulf Bank, Abu Dhabi's second-largest bank by market capitalization, posted a 7-percent rise in first-quarter…