Moody's downgrades two major Cyprus banks
Moody's ratings agency said it downgraded on Thursday the deposit and debt ratings of two major Cypriot commercial banks -- Marfin Popular Bank and Bank of Cyprus. Marfin's rating was cut to Ba2/Not Prime from Baa3/Prime-3 and Bank of Cyprus to Ba1/Not Prime from Baa2/Prime-2. Moody's also confirmed the deposit and debt ratings of Hellenic Bank at Ba1. It said the outlook on the ratings of all three banks is negative. The move came a day after Moody's downgraded its Cyprus government bond rating by two notches to Baa1 from A2, citing the eurozone member's weakening medium-term credit fundamentals, an explosion that destroyed its main power station and an increasingly fractious political environment.
- Friday ,16 November GMT 15:05 2018 World Bank Regional Vice President First Visit to West Bank and Gaza
GMT 14:08 2018 Friday ,14 December
Bank of Russia raises key rateGMT 13:23 2018 Thursday ,13 December
Philippine central bank holds overnight borrowing rate steadyGMT 11:33 2018 Tuesday ,11 December
Top EU court backs legality of ECB bond buyingGMT 20:46 2018 Wednesday ,05 December
World Bank funds water projects in North Kordofan StateGMT 15:06 2018 Friday ,30 November
Egypt, World Bank seek cooperation in solid waste recyclingGMT 12:21 2018 Wednesday ,28 November
BisB silver partner of World Islamic Banking ConferenceGMT 09:19 2018 Thursday ,22 November
AIIB Jin Liqun praises Suez Canal projectsGMT 15:05 2018 Friday ,16 November
World Bank Regional Vice President First Visit to West Bank and Gaza
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 08:25 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to Jerusalem
GMT 12:06 2018 Thursday ,13 December
Blue light in smartphones linked to blindness and some cancers
GMT 08:09 2018 Monday ,10 December
Lebanon’s property market ‘on the brink of collapse’
GMT 14:00 2018 Tuesday ,11 December
Russia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
GMT 09:32 2018 Wednesday ,12 December
Huawei CFO gets bail; China detains ex-Canadian diplomat
GMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisis
GMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investment
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online deals
GMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one point
GMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares rout
GMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 million
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
GMT 13:23 2018 Thursday ,13 December
Philippine central bank holds overnight borrowing rate steady
GMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnership
GMT 14:58 2018 Friday ,26 October
National Museum of Damascus to reopen for public
GMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 rating
GMT 21:30 2018 Friday ,23 November
Gold, bronze medals for Damascus team in 3rd Arab tournament of special sports
GMT 16:12 2018 Tuesday ,23 October
British-Bulgarian team find world's oldest intact shipwreck
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor