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S&P upbeat on Egypt rating after $35 bln UAE deal

Egypt

S&P upbeat on Egypt rating after $35 bln UAE deal

S&P Global Ratings says it has been encouraged by the rush of financial support Egypt has seen in the last two weeks, including a $35 billion UAE investment to develop the Ras al-Hikma peninsula on its Mediterranean coast and an $8 billion IMF deal.

What's at stake in Portugal's general election

Politics

What's at stake in Portugal's general election

Portugal's election on Sunday is unlikely to produce a clear winner, opinion polls show, and the far right could play a decisive role in subsequent coalition talks just as the country prepares to celebrate 50 years since the fall of a fascist dictatorship.

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