Sunday’s transactions saw stable dollar exchange rate vs Egypt pound
The start of Sunday’s transactions saw the stabilization of the dollar exchange rate at the major Egyptian banks.
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Commercial International Bank (CIB)
AfDB allocates $148mln to CIB Egypt for SMEs, trade enhancement
The African Development Bank (AfDB) has granted a financial package to Commercial International Bank (CIB – Egypt)…
Gulf markets take advantage from high oil prices
Gulf's stock market closed high on Sunday which resulted from Friday's rise in oil prices, with the Saudi index…
Egypt’s CIB bank 9-month pretax profit hits EGP 30.7 bln
Commercial International Bank (CIB), one of Egypt’s largest private banks, posted profit before tax of 30.681…
Egypt’s SCZone aims to borrow EGP 30bn for green hydrogen projects – sources
The General Authority of Suez Canal Economic Zone (SCZone) seeks to lend 30 billion Egyptian pounds from a…
CIB provides EGP 1.5bn loan for YANMU East Logistics Park project
YANMU Logistics Park, a joint venture between HAU Logistics and Agility, has secured a ten-year loan of 1.5 billion…
CIB Egypt bank earns EGP 8bln in Q2
The Commercial International Bank (CIB-Egypt) disclosed on Saturday its profits to reach 7.98 billion Egyptian…
CIB gets World Bank’s IFC loans worth $250 mln
The Commercial International Bank (CIB) has secured loans from the World Bank’s International Finance Corporation…
Egypt’s CIB: consolidated pretax profit rises to EGP 8.9 billion in Q1
Commercial International Bank (CIB), one of Egypt’s largest private banks, has registered profit before tax of…
Egypt’s CIB bank offers 3-year certificates of deposit at 22%
Commercial International Bank (CIB), one of Egypt’s largest private banks, is offering three-year certificates of…
