Money Egypt’s c.bank chief says S&P upgrade signals confidence in economy, reforms paying… Yomna Yasser Oct 13, 2025 0 Central Bank of Egypt (CBE) Governor Hassan Abdalla said Monday that S&P Global Ratings’ decision to upgrade…
Money S&P upgrades Egypt to ‘B’, citing reform gains, stronger growth outlook Yomna Yasser Oct 12, 2025 0 S&P Global Ratings on Friday upgraded Egypt’s long-term sovereign credit rating to ‘B’ from ‘B-’, citing…
News Nissan-Honda merger faces delays, limited gains, S&P says Yomna Yasser Dec 18, 2024 0 A potential merger between Honda and Nissan would not offer quick gains, as the automakers would need to first…
International News S&P Global: UK regional growth slows in Oct. ’24 Nada Ali Nov 12, 2024 0 UK business activity experienced a slight slowdown in October, as reported by the latest NatWest Growth Tracker.
Featured URGENT: Dow losses 1000+ points at opening Yomna Yasser Aug 5, 2024 0 US stocks plunged on Monday morning, as the Dow plunged 1072 points, or 2.7 per cent.
Egypt News S&P optimistic about recent surge in financial support Egypt receives M.S. Salama Mar 8, 2024 0 S&P Global Ratings has expressed optimism due to the recent surge in financial support Egypt has received over…
Africa News S. Africa’s private sector expands in Feb Aya Anwar Mar 5, 2024 0 South Africa witnessed a resurgence in private sector activity in February after a six-month downturn buoyed by…
Banks Private credit in Europe surpasses pre-rate hike levels Aya El Sayed Feb 27, 2024 0 European private lending activity rebounded to levels last seen in mid-2022, indicating a growing trend among…
Money S&P Global affirms Orient Takaful Egypt at A with positive outlook Eslam Abdelhameed Sep 22, 2022 0 S&P Global Ratings has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer…
Money S&P affirms Africa Re rating at ‘A-’, outlook at ‘stable’ Eslam Abdelhameed Aug 31, 2020 0 Ratings agency Standard & Poor's (S&P) has recently affirmed the African Reinsurance Corporation’s (Africa…
Money S&P expects Egypt will approach IMF for loan to ease coronavirus impact Ahmed Ali & Yomna Yasser Apr 19, 2020 0 Rating agency S&P anticipated on Friday that Egypt would approach the International Monetary Fund (IMF) for a…
Money S&P expects Egypt’s foreign reserves to fall to $37 billion by June-end amid… Ahmed Ali & Yomna Yasser Apr 19, 2020 0 Rating agency S&P has forecast on Friday Egypt’s foreign exchange reserves - including gold – would decline to…
Money S&P affirms Egypt’s ‘B/B’ ratings, but says coronavirus to cause plunge… Yomna Yasser Apr 18, 2020 0 Rating agency S&P Global affirmed on Friday its 'B/B' long- and short-term foreign and local currency sovereign…
World European markets close lower in shortened session; French CAC drops 1.5% Amwal Al Ghad English Dec 25, 2018 0 European markets closed lower Monday following a session of heavy selling stateside last week.
Money S&P affirms Egypt’s rating at ‘B/B’ Amwal Al Ghad English Nov 10, 2018 0 Ratings agency Standard & Poor’s affirmed Egypt’s 'B/B' credit rating on Friday, saying having competitive…
Banks S&P upgrades two Egyptian banks on strong GDP growth Yomna Yasser Sep 27, 2018 0 Standard & Poor’s raised its ratings on two Egyptian banks on Tuesday, saying the country’s GDP growth and…
Financial Institutions S&P sees major opportunity in China’s $11 trillion bond market Amwal Al Ghad English Sep 15, 2018 0 U.S. financial services and ratings giant S&P Global is honing in on China's $11 trillion bond market, a step…
USA UBS: China-U.S. trade war would wipe 20% off S&P 500 Amwal Al Ghad English Jul 28, 2018 0 Investors could see steep downsides in global stock markets if tensions between China and the United States…
Financial Institutions S&P says doesn’t see downside risks to South Africa’s sovereign rating Amwal Al Ghad English Jun 20, 2018 0 S&P Global Ratings does not see downside risks to South Africa’s sovereign credit rating, its Africa regional…
EGX Egyptian bourse opens Sunday in green on S&P credit-rating nada nasser May 13, 2018 0 The Egyptian Exchange (EGX) opened Sunday’s trading session up on the back of Arab and foreign buying as Standard…
Financial Institutions S&P increases Egypt’s sovereign credit rating to B nada nasser May 12, 2018 0 International rating agency Standard and Poor’s (S&P) raised on Friday Egypt’s sovereign credit rating to (B)…
Financial Institutions S&P raises Egypt’s outlook to positive from stable, maintains B rating Yomna Yasser Nov 11, 2017 0 S&P revised Friday Egypt's outlook to positive on "rising reserves and strengthening economic growth," with a…
Financial Institutions S&P picks Egypt among the 5 most fragile countries exposed to higher interest rate Yomna Yasser Nov 6, 2017 0 Credit ratings agency S&P Global has reshuffled its list of the countries that are most negatively affected in…
Financial Institutions Dismantling of NAFTA would prompt S&P to reassess Mexico rating Yomna Yasser Oct 24, 2017 0 S&P Global Ratings would revisit Mexico’s sovereign credit rating if the North American Free Trade Agreement…
Financial Institutions A U.S. debt ceiling crisis ‘certainly would be rating relevant,’: S&P Yomna Yasser Oct 14, 2017 0 S&P Global Ratings sounded Thursday a word of caution on the U.S. Speaking with CNBC on the sidelines of the…
World S&P 500 breaks record run on jobs data, drug chain drop Yomna Yasser Oct 7, 2017 0 The S&P 500 eased on Friday, ending a six-day run of record highs as the first monthly decline in U.S. nonfarm…
USA S&P 500 ends at record, topping June high, on bets for a strong earnings season Yomna Yasser Jul 15, 2017 0 U.S. stocks surged to record levels on Friday as earnings season kicked off. The S&P climbed 0.6 percent to…
USA Nasdaq, S&P eke out record close as stocks end week with strong gains Yomna Yasser May 27, 2017 0 U.S. stocks ended mixed on Friday ahead of the Memorial Day holiday weekend and digested key economic data. "I…
USA U.S. stocks trade mixed after S&P and Nasdaq hit records Yomna Yasser May 16, 2017 0 U.S. stocks traded mixed Tuesday while investors continued to shrug off news coming out of Washington. The S&P…
Financial Institutions S&P affirms Egypt’s ‘’B-/B’ rating, with stable outlook Yomna Yasser May 14, 2017 0 Rating agency Standard and Poor’s (S&P) affirmed Friday its “B/B-” long and short-term foreign and local…
USA S&P and Nasdaq halt 6-week win streak; Street looks ahead to Fed meeting Yomna Yasser Mar 11, 2017 0 U.S. stocks rose in choppy trade on Friday following a strong jobs report, while investors were already looking…
USA U.S. stocks dip, S&P red for week after report of China seizing underwater US drone Yomna Yasser Dec 17, 2016 0 U.S. stocks ended slightly lower on Friday, with financials lagging, following some renewed concern of geopolitical…
USA Dow, S&P and transports end at all-time highs as stocks surge more than 1% Yomna Yasser Dec 8, 2016 0 U.S. stocks ended sharply higher Wednesday as the Dow and S&P hit new record highs, while investors awaited a…
Financial Institutions S&P revises Egypt outlook to ‘stable’ citing IMF support Yomna Yasser Nov 11, 2016 0 Standard & Poor's (S&P) Global Ratings has revised early Friday Egypt’s sovereign credit outlook up to…
Financial Institutions Wethaq Takaful Egypt targets S&P, A. M. Best credit ratings by FY2018-19 Yomna Yasser Oct 22, 2016 0 Egypt’s Wethaq Takaful Insurance Company says it is seeking a new credit rating from a number of global credit…
USA Second wind for U.S. stocks as earnings turn positively nada nasser Oct 22, 2016 0 With S&P 500 earnings on track on Friday to surge after four consecutive quarters of contraction, U.S. stocks…
Financial Institutions S&P drops Illinois’ credit rating on state’s ‘weak’… Yomna Yasser Oct 1, 2016 0 S&P Global Ratings has cut on Friday Illinois' credit rating one notch to BBB and warned it could fall further…
USA US stocks inched lower as Wall Street digests earnings, health care leads Yomna Yasser Jul 21, 2016 0 U.S. stocks were mostly flat on Thursday as Wall Street kept an eye on mixed earnings and upbeat economic data…
forex news Turkish lira hits record low of 3.0769 as S&P cuts outlook Yomna Yasser Jul 20, 2016 0 Turkey's lira currency reached a record low against the U.S. dollar on Wednesday after ratings agency S&P had…
Financial Institutions S&P downgrades Turkey ratings Yomna Yasser Jul 20, 2016 0 Standard & Poor's Global Ratings has downgraded Wednesday ratings on the Republic of Turkey, and said the…