London, United Kingdom -- Fitch Ratings has placed Israel's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) of 'A+' on Rating Watch Negative (RWN).This decision also extends to Israel's Short-Term Foreign- and Local-Currency IDRs of 'F1+' and the issue ratings of 'A+' on the nation's long-term foreign currency senior unsecured...
Moody’s lowers Egypt rating to B3, changes outlook to stable
Cairo, Egypt-- Moody's has lowered Egypt's sovereign rating by one notch to B3 from B2 on Tuesday, citing the country's reduced external buffers and shock absorption capacity. The agency changed its outlook for Egypt to stable from negative. "Moody's does not expect Egypt's liquidity and external positions to rebound quickly," the...
Fitch lowers outlook for UK rating to negative
The failure to flesh out her economic plan failed to calm the jittery markets, however, and the pound slid 2.01 percent against the dollar, falling to as low as $1.1241 after her address.
Facebook looks for answers as user numbers fall
Founder Mark Zuckerburg has told investors that people have a lot of choices for how they want to spend their time and Apps like TikTok were growing very quickly.
UAE announces updated procedures for entry through border crossings
The UAE has announced updated procedures for citizens of neighboring countries and those living in border areas, who are repeatedly entering and leaving the UAE through land borders. The Federal Authority for Identity, Citizenship, Customs and Port Security and the National Emergency Crisis and Disasters Management Authority said the procedures...
Saudi Arabia to remain stable as oil prices boost economy: Fitch
Thanks to a boost it received from higher oil prices, Fitch has revised its outlook for Saudi Arabia from negative to stable, and also reaffirmed the kingdom’s sovereign ratings.
Bahrain to allow travelers with Covid-negative tests
*Bahrain to allow some travelers into the country, but bar many *Citizens of red zone countries like India, Pakistan, Sri Lanka are still banned to enter Bahrain While Bahrain will allow travelers with Covid-19 negative tests into the country, it however has said the ban on the entry of people...
Emirates to resume flights to Venice from July
The airline will also increase its flights to Milan Travelers must also take a Rapid Antigen swab test on arrival in Italy From next month travelers with a negative Covid test result can hop on to an Emirates plane and fly to Venice as the airline looks to make the...
