Exclusive: Shares of 5 banks in two Egyptian state-run oil firms’ loan
A consortium of five Egyptian banks signed last week a financing agreement worth 4 billion Egyptian pounds ($225.8…
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CIB
CIB bank Egypt 2017 profits surge 25%
Egypt's largest listed bank, Commercial International Bank (CIB) on Thursday posted a 25 percent year-on-year surge…
Egyptian bourse opens Wednesday on mixed note
The Egyptian Exchange (EGX) opened on a mixed note amid local buying against Arab and foreign selling. By 10:22 am…
Dollar exchange rate sees slight hike in Egyptian banks
U.S. dollar prices against the Egyptian pound increased in several Egyptian banks on Sunday. According to the…
CIB bank Egypt to boost Tier 2 debt as it looks to African growth
Egypt’s Commercial International Bank (CIB) is planning to boost Tier 2 capital through dollar-denominated…
Exclusive: shares of 5 banks in Telecom Egypt’s 4G Loan
A consortium of five Egyptian banks will sign the final loan agreement worth 13 billion Egyptian pounds ($735.7…
CIB bank Egypt nine-month net profit up 27%
Egypt’s largest listed bank Commercial International Bank (CIB) posted a 27 percent rise nine-month net profit to…
R3 welcomes CIB bank Egypt to distributed ledger consortium
Egypt’s largest listed bank, Commercial International Bank (CIB) has joined the financial innovation firm R3’s…
Four Egyptian banks on UAB list of top 1000 banks
The Union of Arab Banks (UAB) included four Egyptian banks to its annual Top 1000 World Banks ranking that released…
Telecom Egypt in talks with banks for dollar tranche of the 4G loan
Egypt’s state-owned landline monopoly Telecom Egypt is negotiating a $180 million tranche of a loan worth 13…
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