S&P settles Australian lawsuit over Lehman Bros collapse
A substantial settlement has been reached in a landmark A$200 million ($143 million) class action brought against…
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Standard & Poor’s
Al Baraka Bank – Egypt 2015 net profit up 18%
Al Baraka Bank – Egypt, part of the Bahraini Al Baraka Group, reported an 18 percent rise in 2015 net profit, the…
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…
S&P cuts Egypt credit outlook to stable on lower Gulf support
The outlook on Egypt’s credit rating was cut Friday to stable from positive by Standard & Poor’s amid…
Dubai stocks drop to 2-month low as Saudi downgrade jolts Gulf
Dubai’s stocks sank Sunday to the lowest level in more than two months, leading most Middle Eastern markets lower,…
Gulf stock markets slip after S&P downgrade of Saudi debt
Gulf stock markets fell in early trade Sunday after Standard & Poor's downgraded Saudi Arabia's sovereign debt…
Standard & Poor’s assigns ‘B+’ ratings for Egyptian Life Takaful
Standard & Poor's Ratings Services has assigned its 'B+' long-term counterparty credit and financial strength…
Egypt’s finance minister off to IMF-World Bank Annual Meetings in Peru
Egyptian Ministry of Finance Hany Qadry is heading a delegation to attend the annual meetings of the International…
S&P upgrades Spain’s credit rating to ‘BBB+’
Spain’s credit rating was boosted to BBB+ by Standard & Poor’s, which cited reforms to labor regulations,…
Brazil loses investment-grade rating from S&P
Standard & Poor's on Wednesday stripped Brazil of its investment-grade credit rating in a move that calls into…
