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Business
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Economy
9/14/2023 10:57:55 PM
Moody's on Thursday downgraded China's property sector outlook to negative from stable, saying weaker growth was impacting homebuyers' spending.
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Business
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Economy
9/4/2023 3:17:46 PM
Capital Intelligence (CI) Ratings has lowered Egypt’s long-term foreign and local currency ratings to B from B+, revising the outlook to stable from negative, according to a statement.
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Al-Ahram Weekly
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Egypt
9/1/2023 1:06:00 PM
Minister of Higher Education and Scientific Research Ayman Ashour recently issued a ministerial decree stating the Faculty of Engineering at Cairo University will change to the credit hours system, positioning the faculty as the first government university to allow students to graduate in four years.
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Egypt
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Society
8/24/2023 9:38:00 PM
Cairo University issued a decree on Thursday allowing students at the Faculty of Engineering to graduate in four years if they complete a new reduced number of credit hours, ending the long-standing requirement of completing five academic years at the prestigious faculty.
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Al-Ahram Weekly
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Opinion
8/8/2023 7:49:11 PM
A name is a name is a name, unless it is the name of a celebrity. Only then a name becomes a title, a badge, a credit you flash around at will. It opens every door and places you a head above the rest. It makes you a celebrity.
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Business
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Economy
8/2/2023 4:33:49 PM
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
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Business
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Economy
8/2/2023 10:46:12 AM
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
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Business
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Economy
7/26/2023 12:27:46 PM
Kuwait recorded its first surplus in nine years for the 2022-2023 fiscal year which ended in March, the finance ministry said on Wednesday, crediting last year's surge in oil prices.
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World
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International
6/25/2023 10:08:55 PM
Greek ex-prime minister Kyriakos Mitsotakis, who clinched a landslide victory in Sunday's general election, is credited with returning his debt-ridden country to a path of growth.
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World
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International
6/22/2023 1:50:24 PM
Leaders at a global finance summit are close to sealing deals to restructure Zambia and Sri Lanka's debts with the agreement of major creditor China, France's economy minister said Thursday.
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World
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Africa
6/21/2023 8:50:37 PM
Zambian President Hakainde Hichilema on Wednesday expressed confidence his government will secure a debt restructuring plan at talks with official creditors in Paris this week.
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Business
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Economy
6/14/2023 10:34:42 PM
The Central Bank of Egypt (CBE) has extended credit regulatory facilities approved for Small and Medium Enterprises (SMEs) to the end of June 2024, according to a circular posted on Wednesday.
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World
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International
5/25/2023 10:52:33 PM
President Joe Biden declared Thursday the United States would avoid a disastrous credit default even as lawmakers went on a 10-day break without a deal on raising the nation's borrowing limit to keep paying the bills.
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Business
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Markets & Companies
5/25/2023 11:45:32 AM
Most Asian equities sank Thursday on fears of a US default as the struggle to hammer out a debt deal led Fitch to warn the country's gold-plated credit rating was at risk.
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Business
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Economy
5/23/2023 3:21:30 PM
The European Union and French Development Agency (AFD) are set to provide Egypt with a €60 million ($66 million) credit facility to build more silos for grain storage.
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Antiquities
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Ancient Egypt
5/19/2023 4:20:57 PM
Edfu, Kom Ombo, Philiae and Abu Simbel Temples in Aswan now require credit or bank cards for entry.
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World
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International
5/13/2023 11:16:17 AM
On Friday, Elon Musk announced that NBC Universal's Linda Yaccarino will serve as the new CEO of Twitter. Yaccarino is a longtime advertising executive credited with integrating and digitizing ad sales at NBCU. Her challenge now will be to woo back advertisers that have fled Twitter since Musk acquired it last year for $44 billion.
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Business
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Economy
5/6/2023 6:38:31 PM
Minister of Finance Mohamed Maait attributed Fitch Ratings' decision to downgrade Egypt's sovereign credit rating -- giving it a Negative Outlook --to the country's continuous struggle against the extreme external pressures resulting from complex global challenges.
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Business
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Economy
5/1/2023 6:00:55 PM
Standard & Poor (S&P) Global Ratings has revised its outlooks on the National Bank of Egypt (NBE), Banque Misr, and Commercial International Bank (CIB) to negative from stable.
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Business
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Energy
5/1/2023 3:15:14 PM
Mahmoud Mohieldin, UN climate change high level champion for Egypt, affirmed the importance of effectively using carbon credits as a key source for climate and development finance.
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