German Watchdog: Banking sector solid, outlook still unclear
Germany’s financial firms remain resilient, but high uncertainty continues to cloud the outlook, according to BaFin…
Browsing Tag
outlook
Egypt’s non-oil private sector expands in Jan
Egypt’s non-oil private sector returned to growth in January, with the Purchasing Managers’ Index (PMI) jumping to…
Turkish manufacturing sector shows signs of stabilisation in Dec ’24
The Turkish manufacturing sector edged closer to stabilisation in December, as indicated by the Istanbul Chamber of…
S&P Global: UAE’s non-oil sector maintains solid growth in Nov
The UAE's non-oil private sector saw steady growth in November as strong demand and competitive pricing boosted new…
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…
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…
Gold edges up as dollar holds steady
Gold prices inched up in early trade on Thursday as the dollar was nearly unchanged after tumbling in the previous…
Oil prices up on signs of tighter market, but 2018 looks more uncertain
Oil prices edged up on Wednesday, rising for a third day, on signs that markets are gradually tightening after…
Moody’s cuts Oman banking outlook on weaker government support
The outlook for Oman’s banking sector was cut to negative by Moody’s Investors Service to reflect a reduction in…
Oil rises on firm short-term demand outlook, overall market still weak
Oil prices edged up on Tuesday, lifted in part by a strong demand outlook for the coming weeks, but overall…
Egypt’s economy: outlook and challenges in the eyes of global financial institutions
After several years marked by turbulence and uncertainty, Egypt’s economy encountered numerous challenges, from…
Potential foreign investments bolster Egypt’s positive long-term outlook: HSBC
Egypt’s long-term trade prospects are expected to grow in terms of potential infrastructure developments and…
IMF annual meetings: UK to be fastest growing G7 economy in 2016
The half-yearly world economic outlook (WEO) of the International Monetary Fund (IMF) anticipated that British…
Moody’s affirms Egypt B3 rating, outlook remains stable
Moody's Investors Service has affirmed on Friday Egypt's long-term issuer and senior unsecured bond ratings at B3…
Bank of England’s Weale shifts stance after weak UK data
Bank of England policymaker Martin Weale said he saw the economic outlook differently after much…
Moody’s maintains negative outlook on Lebanon’s banking system
Moody's Investors Service has maintained its negative outlook on Lebanon's banking system, reflecting the rating…
IMF cuts euro zone growth outlook on ‘Brexit,’ warns it may get worse
The International Monetary Fund on Friday cut its euro zone growth outlook for the next two years over…
Oil falls towards $50 on higher supply outlook, economic worries
Oil fell towards $50 a barrel on Thursday, pressured by higher Nigerian output and concern about the economic…
ECB ready to act with all instruments, if necessary: Draghi
Euro zone growth is gaining momentum but uncertainty is high and the inflation outlook is subdued so the European…
European stocks, oil slide as growth fears add to Brexit pressure
European stocks fell while oil prices headed for a sixth session of declines on Thursday after the Bank of Japan…
Asia stocks down, yen surges after BOJ refrains from offering more stimulus
Asian stocks turned lower on Thursday and the yen surged after the Bank of Japan refrained from taking further…
ECB not aiming to weaken euro against dollar
The European Central Bank is unhappy with the U.S. dollar's recent fall but accepts it as a natural consequence of…
Oil prices fall on dimming prospect of output restraint
Oil prices fell on Monday as the chances of Middle East producers agreeing to curb overproduction appeared to fade,…
Asian shares wobble as Fed rate talk revives
Asian stocks seesawed on Tuesday as hawkish comments from U.S. Federal Reserve officials clouded the monetary…
Moody’s cuts China outlook on eve of NPC, cites reform, fiscal risks
Moody's downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday, citing…
Wall Street’s predictions for China’s economy in 2016
As Wall Street looks to predict the global economic outlook in 2016, one of the top questions is uncertainty…
British TUI lowers 2016 outlook due to situation in Egypt
Travel company TUI AG (TUI1.XE) Thursday reported a 22% rise in underlying operating profit, above expectations,…
CI affirms Export Development Bank of Egypt’s ratings at BB-, Stable outlook
International credit rating agency, Capital Intelligence (CI) announced Thursday that it affirmed Export…
S&P cuts its outlook on 3 Egyptian banks from ‘positive’ to ‘stable’
Standard & Poor's (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International…
Dollar edges up, supported by weak overseas Economic Outlook
The U.S. dollar edged up against most other major currencies Friday on data pointing to sluggish overseas economic…
Fitch assigns B(EXP) Rating to National Bank of Egypt’s USD Bond
Fitch Ratings assigned the National Bank of Egypt's upcoming US dollar senior unsecured bond an expected rating of…
Fitch affirms Egypt at ‘B’; Outlook ‘Stable’
Fitch Ratings has affirmed Friday Egypt's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'B'…