UAE’s ADQ buys stakes in five Egyptian companies for $1.5 billion, including CIB
Abu Dhabi’s wealth fund ADQ has acquired stakes in five companies listed on the Egyptian stock exchange (EGX) for…
Browsing Tag
CIB Egypt
ADQ to buy stakes in CIB, Fawry, other Egyptian bourse-listed firms: Bloomberg
Abu Dhabi’s sovereign wealth fund ADQ agreed with Egyptian authorities to invest around $2 billion by buying…
Egypt’s Commercial International Bank net profit at EGP 13.2 billion in 2021
Commercial International Bank (CIB), one of Egypt’s largest private banks, reported on Tuesday a net profit worth…
Egypt’s CIB first bank in MENA, Africa to receive Gender Equity Seal
Egypt’s Commercial International Bank (CIB) has become the first bank in the Middle East and Africa to receive…
Fawry eyes CIB Egypt bank, Banque Misr’s stakes in Fawry Plus
Egyptian e-payment giant Fawry is in the process of acquiring stakes owned by the Commercial International Bank…
Egypt’s CIB Bank included in 2021 Bloomberg Gender-Equality Index
The Commercial International Bank (CIB) announced that it has been included on the 2021 Bloomberg Gender-Equality…
City Edge, CIB Egypt Bank sign EGP 1 billion mortgage protocol
Egyptian property developer, City Edge Developments has signed a cooperation protocol with the Commercial…
CIB records net income of EGP 2.35 bn for Q32020 according to post CBE probe financial…
Leading private-sector commercial bank CIB reported net income of 2.35 billion Egyptian pounds for 3Q2020 as it…
CIB waiting for CBE audit report after chairperson’s resignation
The Commercial International Bank – Egypt (CIB) is anticipating an audit report by the Central Bank of Egypt (CBE),…
Egypt’s CIB chairman Hisham Ezz Al-Arab resigns after two decades at the helm
The chairman of Egypt’s Commercial International Bank (CIB) Hisham Ezz Al-Arab resigned on Thursday after spending…
