The outlook for Egypt‘s banking system is stable, reflecting continued progress with the reform programme together with an improving operating environment, Moody’s Investors Service said in its latest Banking System outlook for
Standard & Poor’s Ratings Services said it affirmed its ‘BB-‘ long-term foreign, ‘BB’ long-term local, and ‘B’ short-term sovereign credit ratings on Ukraine, reflecting fiscal concerns arising from a shortened electoral cycle.
Standard & Poor’s Ratings Services said today it raised its long-term counterparty credit rating on Germany-based Deutsche Bank AG and various core operating entities to ‘AA’ from ‘AA-‘. The outlook is stable.
Industrial output price rose by 0.6% over the previous month in June, as the industrial output price index for June 2007 reached 125.1 (base 2000=100), compared with 124.4 in May 2007. Compared
Cypriot residents headed for the UK and Russia in June, according to the latest results of the monthly Passengers’ Survey. According to the survey, 85,539 residents of Cyprus returned from a trip
Importers and exporters in Serbia will have more opportunities to finance their foreign trade business under a EUR 2 mln trade finance line granted by the EBRD to Privredna Banka, a small
The recent UK flood events in late June and mid-July across selected areas of the North of England and South England / Midlands are likely to have no impact on UK non-life
The Cyprus House of Representatives has unanimously approved an amendment sent back to the House by President Tassos Papadopoulos, placing a maximum cap of CYP 10.000 or EUR 17.000 as stamp duty
Retail sales growth accelerated in May, according to provisional data, rising by 5.5% year on year in volume terms, according to provisional data from the Statistical Service. Revised data for April reported
The number of ships on the Cyprus register rose for the first time in seven years in 2006, increasing to 1,828 from 1,802 in 2005. The number of ships on the Cyprus
