forex news Oil prices fall on dimming prospect of output restraint Noha Gad Apr 4, 2016 0 Oil prices fell on Monday as the chances of Middle East producers agreeing to curb overproduction appeared to fade,…
World Asian shares wobble as Fed rate talk revives Noha Gad Mar 22, 2016 0 Asian stocks seesawed on Tuesday as hawkish comments from U.S. Federal Reserve officials clouded the monetary…
Financial Institutions Moody’s cuts China outlook on eve of NPC, cites reform, fiscal risks Noha Gad Mar 2, 2016 0 Moody's downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday, citing…
International News Wall Street’s predictions for China’s economy in 2016 aya salah Dec 15, 2015 0 As Wall Street looks to predict the global economic outlook in 2016, one of the top questions is uncertainty…
Egypt News British TUI lowers 2016 outlook due to situation in Egypt Noha Gad Dec 10, 2015 0 Travel company TUI AG (TUI1.XE) Thursday reported a 22% rise in underlying operating profit, above expectations,…
Banks CI affirms Export Development Bank of Egypt’s ratings at BB-, Stable outlook Yomna Yasser Nov 22, 2015 0 International credit rating agency, Capital Intelligence (CI) announced Thursday that it affirmed Export…
Financial Institutions S&P cuts its outlook on 3 Egyptian banks from ‘positive’ to ‘stable’ Yomna Yasser Nov 17, 2015 0 Standard & Poor's (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International…
forex news Dollar edges up, supported by weak overseas Economic Outlook Noha Gad Jul 25, 2015 0 The U.S. dollar edged up against most other major currencies Friday on data pointing to sluggish overseas economic…
Banks Fitch assigns B(EXP) Rating to National Bank of Egypt’s USD Bond Yomna Yasser Jun 23, 2015 0 Fitch Ratings assigned the National Bank of Egypt's upcoming US dollar senior unsecured bond an expected rating of…
Financial Institutions Fitch affirms Egypt at ‘B’; Outlook ‘Stable’ Yomna Yasser Jun 20, 2015 0 Fitch Ratings has affirmed Friday Egypt's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'B'…