Goldman Sachs has on Friday significantly slashed its price target for Apple, predicting 26 percent downside for …
outlook
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FeatureFinancial InstitutionsMoney
Capital Intelligence affirms Egypt’s B+ rating, maintains stable outlook
by Yomna Yasserby Yomna YasserRating agency Capital Intelligence (CI) affirmed on Friday Egypt’s long-term foreign currency rating (LT FCR) and long-term …
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Moody’s Investors Service upgraded its outlook of the Egyptian banking system to positive from stable.
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The Egyptian Exchange (EGX) rose in August on the back of a positive sentiment supported by the …
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FeatureFinancial Institutions
S&P increases Egypt’s sovereign credit rating to B
by nada nasserby nada nasserInternational rating agency Standard and Poor’s (S&P) raised on Friday Egypt’s sovereign credit rating to (B) from …
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Banks
IMF chief optimistic on growth, but warns against trade protectionism
by aya salahby aya salahThe International Monetary Fund (IMF) is optimistic on the outlook for global growth but warned darker clouds …
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The dollar prices eased against the yen on Wednesday, with the outlook clouded by worries that escalating …
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Egypt’s Emirates NBD Purchasing Managers’ Index (PMI) or the non-oil private sector fell to 49.7 in February, …
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Financial Institutions
Fitch Ratings revises Egypt’s outlook to positive, affirms at ‘B’ rating
by Yomna Yasserby Yomna YasserFitch Ratings revised the outlook for Egypt’s Long-Term Foreign and Local-Currency Issuer Default Ratings (IDRs) to positive …
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forex news
Oil near June 2015 high as production cuts tighten market
by Yomna Yasserby Yomna YasserOil prices were stable on Tuesday, with Brent crude lingering near 2015 highs on the back of …