Tuesday 24 January 2017
 
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Outlook

Outlook bleak for ME, Turkish nonfinancial corporates

Low economic growth, weak consumer and business confidence, and foreign exchange volatility will keep the overall outlook for Middle Eastern nonfinancial corporates and their Turkish and South African counterparts in 2017 negative, according to

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Egypt outlook stable says Moody's report

Moody's Investors Service has affirmed Egypt's long-term issuer and senior unsecured bond ratings at B3 and it said the outlook remains stable for the country. The rating affirmation is based on Moody's view that the B

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Global equities ‘under significant risk’

With the US economy likely late in its cycle, equity markets fully valued and increased volatility following the Brexit decision, there are significant risks to the outlook for global equities, an industry expert said. “Our

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Oil rebounds from two-month lows, outlook volatile

Oil prices rebounded on Friday, bouncing off two-month lows hit in the previous session when prices fell 5 per cent on news that the US weekly crude draw missed some forecasts. Traders said that the outlook looked volatile as a re

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Moody's upgrades Emaar ratings, outlook stable

Moody's Investors Service has today (June 16) assigned a Baa3 long-term issuer rating to Dubai-based real estate developer Emaar Properties and confirmed a stable outlook on all ratings. Concurrently, Moody's has upgraded

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Moody’s changes UAE outlook to negative

Moody’s recently confirmed the UAE's Aa2 rating and changed the outlook from stable to negative reflecting the lack of clarity around the formulation and implementation of government policies to arrest and reverse the large deficits an

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IIRA reaffirms positive outlook for GFH

Islamic International Rating Agency (IIRA) has reaffirmed GFH Financial Group’s (GFH) international rating as  ‘BB/B’ and its national scale rating as ‘BB+(bh)/B(bh)’ along with a ‘positive’ outlo

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As oil prices weaken, GCC to see slow growth, budget deficit increase

Lower oil prices will slow growth and increase budget deficits in oil-exporting Gulf Cooperation Council (GCC) countries this year, eroding their fiscal reserve buffers and increasing debt, according to a report.  

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As oil prices weaken, GCC to see slow growth, budget deficit increase

Lower oil prices will slow growth and increase budget deficits in oil-exporting Gulf Cooperation Council (GCC) countries this year, eroding their fiscal reserve buffers and increasing debt, according to a report.  

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Bahrain offers ‘lowest operating costs’

Bahrain offers the region’s lowest operating costs for the financial sector, Economic Development Board (EDB) chief executive Khalid Al Rumaihi told business leaders and investors at a monthly majlis event held recently, said a report in

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