UAE’s ADQ confirms acquisition of Egyptian firms, including CIB bank
Abu Dhabi’s wealth fund ADQ confirmed on Wednesday its acquisition of stakes in five companies listed on Egyptian…
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Commercial International Bank (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…
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…
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…
National Bank of Egypt raises its stake in CIB bank to 9.13%
Egypt’s biggest state lender, the National Bank of Egypt (NBE) raised its stake in the country’s largest public…
Egypt’s CIB bank mandated to Net-Zero Banking Alliance Steering Group
Egypt's largest private bank, Commercial International Bank (CIB) has been mandated to represent Africa as part of…
Four Egyptian banks back SODIC unit’s first securitisation bond issuance
A banking consortium has supported SODIC’s latest securitisation bond programme with a total investment of 343…
Egypt’s SODIC unit closes its first EGP 343 million securitisation bond issuance
Egypt’s property developer SODIC announced on Tuesday that it had closed its first securitisation bond issuance…
Egypt’s Commercial International Bank net profit surges 22% in H1, 24% in Q2
Commercial International Bank (CIB), one of Egypt’s largest private banks, revealed on Tuesday its financial…
