Goldman Sachs significantly slashes outlook for Apple, sees 26% downside
Goldman Sachs has on Friday significantly slashed its price target for Apple, predicting 26 percent downside for…
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outlook
Capital Intelligence affirms Egypt’s B+ rating, maintains stable outlook
Rating agency Capital Intelligence (CI) affirmed on Friday Egypt’s long-term foreign currency rating (LT FCR) and…
Moody’s upgrade Egyptian banking system’s outlook to positive
Moody's Investors Service upgraded its outlook of the Egyptian banking system to positive from stable.
Egyptian exchange returns to gains in August
The Egyptian Exchange (EGX) rose in August on the back of a positive sentiment supported by the outlook upgrade by…
S&P increases Egypt’s sovereign credit rating to B
International rating agency Standard and Poor’s (S&P) raised on Friday Egypt’s sovereign credit rating to (B)…
IMF chief optimistic on growth, but warns against trade protectionism
The International Monetary Fund (IMF) is optimistic on the outlook for global growth but warned darker clouds are…
Dollar sags versus yen as trade tensions dim outlook
The dollar prices eased against the yen on Wednesday, with the outlook clouded by worries that escalating…
Egyptian non-oil private sector declines slightly in Feb.: PMI
Egypt’s Emirates NBD Purchasing Managers’ Index (PMI) or the non-oil private sector fell to 49.7 in February,…
Fitch Ratings revises Egypt’s outlook to positive, affirms at ‘B’ rating
Fitch Ratings revised the outlook for Egypt’s Long-Term Foreign and Local-Currency Issuer Default Ratings (IDRs)…
Oil near June 2015 high as production cuts tighten market
Oil prices were stable on Tuesday, with Brent crude lingering near 2015 highs on the back of an outlook for…
