Orascom Development Egypt signs EGP 1.5 bln financing with CIB Egypt
Orascom Development Egypt (ODE) announced on Sunday that its subsidiary Orascom for Real Estate (ORE) has signed a…
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Commercial Bank of Egypt (CIB)
Egypt’s CIB bank shares worth $911.5 million sold in block deal – EGX
Egypt’s largest private lender Commercial International Bank (CIB Egypt) saw a block deal of 340.09 million shares…
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…
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…
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…
Egypt’s CIB stresses importance of digital expansion in Africa for financial…
Financial inclusion must be supported by expanding access to digital communication technologies across Africa, CIB…
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),…
After CIB’s godfather resignation, who is doing what at the bank’s helm?
After Hisham Ezz Al Arab, the long-term chairman and managing director of the Commercial International Bank (CIB),…
EGX30 starts session in red as CIB shares plunged 8.78%
The Egyptian Exchange (EGX) starts Sunday’s trading session in the red territory as the shares of the Commercial…
