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Email this article: Egyptian banks to confront toughening operating conditions in the coming months, says S&P
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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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BAHRAIN. During an interview with Euromoney Conferences, John Sfakianakis the GCC Regional Director at Ashmore Group, said the milestone decision to liberalise the Saudi Tadawul Index is extremely significant as investors will be able to gain exposure to a formidable oil economy by investing in its market.
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