A substantial settlement has been reached in a landmark A$200 million ($143 million) class action brought against …
Tag:
Standard & Poor’s
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Al Baraka Bank – Egypt, part of the Bahraini Al Baraka Group, reported an 18 percent rise …
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Financial Institutions
S&P cuts its outlook on 3 Egyptian banks from ‘positive’ to ‘stable’
by Yomna Yasserby Yomna YasserStandard & Poor’s (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International Bank (CIB), …
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Financial Institutions
S&P cuts Egypt credit outlook to stable on lower Gulf support
by Yomna Yasserby Yomna YasserThe outlook on Egypt’s credit rating was cut Friday to stable from positive by Standard & Poor’s …
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Dubai’s stocks sank Sunday to the lowest level in more than two months, leading most Middle Eastern …
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Gulf stock markets fell in early trade Sunday after Standard & Poor’s downgraded Saudi Arabia’s sovereign debt …
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Financial Institutions
Standard & Poor’s assigns ‘B+’ ratings for Egyptian Life Takaful
by Yomna Yasserby Yomna YasserStandard & Poor’s Ratings Services has assigned its ‘B+’ long-term counterparty credit and financial strength ratings to …
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Financial Institutions
Egypt’s finance minister off to IMF-World Bank Annual Meetings in Peru
by Yomna Yasserby Yomna YasserEgyptian Ministry of Finance Hany Qadry is heading a delegation to attend the annual meetings of the …
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Spain’s credit rating was boosted to BBB+ by Standard & Poor’s, which cited reforms to labor regulations, …
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Standard & Poor’s on Wednesday stripped Brazil of its investment-grade credit rating in a move that calls …