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Email this article: Egyptian banks to confront toughening operating conditions in the coming months, says S&P
Posted: Tue May 15, 2012 1:03 pm
EGYPT. The negative rating actions on Egyptian banks mainly reflect S&P's successive downgrades of Egypt.
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INTERNATIONAL. Saxo Bank publishes its Q3 Outlook, warns of a false start to the Fed's rate hike cycle; a return to US$100+ oil is not expected for the foreseeable future and this should help the region to focus on attracting and building other sources of revenue.
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