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'…
Indices news Dollar Steps Back, Outlook Still Solid On Diverging Monetary Policy Paths Amwal Al Ghad English Apr 8, 2015 0 The dollar took a step back on Wednesday but retained a bulk of its overnight gains after currency bulls scooped up…
International News IMF Cuts Global Growth Outlook, Calls For Accommodative Policy Amwal Al Ghad English Jan 20, 2015 0 The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for…
Banks Moody’s Changes Egypt’s Outlook To Stable From Negative, Affirms Caa1 Rating Amwal Al Ghad English Oct 20, 2014 0 Moody's investors service changed on Monday Egypt's outloom to stable from negative and affirmed its Caa1…
Tech news HP Shares Rise On Raised Job Cut Target, Cash Flow Outlook Amwal Al Ghad English May 24, 2014 0 Hewlett-Packard Co's shares rose as much as 7 percent on Friday, a day after the personal computer maker said it…