Egypt’s Suez Canal Achievement shows Economic Progress – But What about…
Today something strange happened in Egypt: it achieved a goal ahead of time.That isn’t meant to be as condescending…
Browsing Tag
Commercial International Bank
CIB Q2 Net Profit up 23% year-on-year
Egypt's largest private sector bank, Commercial International Bank (CIB) (COMI), posted a 23 percent rise in second…
French AXA Insurance acquires Egypt’s CIL with €88 million
French AXA Insurance Company has acquired 100 percent of the Commercial International Life Insurance Company (CIL)…
EBRD boosts Trading Facility for Egypt’s CIB to $100mn
The European Bank for Reconstruction and Development (EBRD) said Monday it would increase its trading facility…
Siemens requesting Letters of Guarantees for Egypt Power Projects
German industrial group Siemens is seeking to obtain letters of guarantee totalling €1.2 billion from Egyptian…
CIB Egypt: 5% of Our Correspondents present in Russia
Egypt’s biggest private-sector bank, the Commercial International Bank of Egypt (CIB-Egypt) has about 200…
Moody’s assigns Counterparty Risk Assessments to five Egyptian Banks
Moody's Investors Service assigned Tuesday counterparty risk assessments (CR Assessments) to five Egyptian banks.…
S&P raises Ratings for 3 Egyptian Banks – Paper
Global ratings agency Standard & Poor’s upgraded the long-term credit ratings on three major Egyptian banks;…
CIB bank Egypt Q1 Net Profit up 38% year-on-year
Egypt's largest private sector bank, Commercial International Bank (CIB), reported Wednesday a 38 percent rise in…
Egypt Market threatened with Deletion from MSCI Index
Morgan Stanley Commercial Index threatened the Egyptian Stock Exchange (EGX) with deletion from its emerging…
