CIB Acquires 8.35% Market Share In Loans
The Commercial International Bank (CIB) has the largest market share in loans among private banks in Egypt as it…
CIB Signs SME Finance Contract Worth EGP 100 Mln With SFD
The Commercial International Bank (CIB) signed today its first contract with the Social Fund for Development (SFD)…
Civil Powers May Freeze Their Participation In Constituent Assembly
Egypt's civil powers represented in the constituent assembly to draft the new constitution have decided to stop…
EGX 30 Ends Week Below 5665 Pts Ahead Of Islamic Calendar Holiday
During Wednesday closing session, the Egyptian Exchange (EGX) has extended posting losses which eventually hit…
EU Approves $6.4 Bln Financial Aid Package To Egypt
The European Union has approved a 5bn-euro ($6.4bn) financial support package for Egypt, Egyptian officials say.…
Finance Ministry Cancels CBE’s Great Seal Of Egypt
The Egyptian Ministry of Finance issued a decree to cancel the Great Seal of the Arab Republic of Egypt at the…
Hesham Zazou: Tourism Rates Rose 18% In Oct.
Egypt's tourist arrivals rates has improved throughout the period from January to October, by 18%, compared to the…
Oriental Weavers’ Profit Jumps To EGP 219 Mln In 9 Months
Oriental Weavers Group (OW) (ORWE.CA) announced on Wednesday its consolidated financial statements for…
Foreign Banks’ Exit From Egypt Increases Egyptian Banks’ Chances: CIB
The exit of foreign banks from the Egyptian market will increase the chances of Egyptian banks to expand in the…
Gold Wobbles, Base Metals Rise On Weak Dollar
Gold prices hovered around the flat line during European trading hours on Wednesday, while the broader metals…