Banks US dollar falls below EGP 49 on Tuesday Nada Ali Mar 12, 2024 0 The US dollar weakened against the Egyptian pound on Tuesday, falling below 49 pounds in many banks, as reported by…
Egypt News Egypt never defaulted on debts – Ezz Alarab Nada Ali Mar 6, 2024 0 Egypt has never defaulted on its debts and is committed to correcting its course by utilizing foreign resources,…
Banks CIB profit hits EGP 41.6 bln in FY ’23 Nada Ali Feb 12, 2024 0 The Commercial International Bank-Egypt (CIB) recorded net pre-tax profits of 41.6 billion Egyptian pounds at the…
The Watch Sunday’s transactions saw stable dollar exchange rate vs Egypt pound Aya Anwar Dec 31, 2023 0 The start of Sunday’s transactions saw the stabilization of the dollar exchange rate at the major Egyptian banks.
Banks AfDB allocates $148mln to CIB Egypt for SMEs, trade enhancement Nada Ali Dec 3, 2023 0 The African Development Bank (AfDB) has granted a financial package to Commercial International Bank (CIB – Egypt)…
Arab Gulf markets take advantage from high oil prices Aya Anwar Nov 20, 2023 0 Gulf's stock market closed high on Sunday which resulted from Friday's rise in oil prices, with the Saudi index…
Money Egypt’s CIB bank 9-month pretax profit hits EGP 30.7 bln Amwal Al Ghad English Nov 5, 2023 0 Commercial International Bank (CIB), one of Egypt’s largest private banks, posted profit before tax of 30.681…
Banks Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources Nada Ali Sep 18, 2023 0 The General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from a…
Banks CIB provides EGP 1.5bn loan for YANMU East Logistics Park project Nada Ali Sep 7, 2023 0 YANMU Logistics Park, a joint venture between HAU Logistics and Agility, has secured a ten-year loan of 1.5 billion…
Banks CIB Egypt bank earns EGP 8bln in Q2 Nada Ali Jul 24, 2023 0 The Commercial International Bank (CIB-Egypt) disclosed on Saturday its profits to reach 7.98 billion Egyptian…