Day: December 30, 2015
Egyptian growth slows on forex, energy and tourism issues
For full coverage of Middle East business events, see MEED Foreign exchange shortages, restricted gas supplies for petrochemical producers and a slowdown in tourism activity due to security concerns in the second half of the year combined to hit trends…
NBK Capital upgrades NBAD to buy
For full coverage of Middle East business events, see MEED NBK Capital said on 29 December that it had upgraded its recommendation for shares in National Bank of Abu Dhabi (NBAD) to buy from hold despite cutting their fair value…