Moody’s upgrades Deposit Ratings of Five Egyptian Banks
International credit ratings agency Moody's upgraded Friday the local currency (LC) deposit ratings of five…
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Commercial International Bank
MERIS: 5 Major Banks in Egypt seen Moody’s Upgrade Move
Moody's is likely to raise its credit rating on five major banks in Egypt following its upgrade on the country’s…
CIB Board asks Management to make offer for Citigroup’s Egypt Ops
The board of Egypt's Commercial International Bank (CIB) said Sunday it has asked its management to determine…
National Bank of Egypt leads Consortium for East Delta Electricity’s EGP750mn Loan
Three major banks in Egypt will be arranging a multi-million Egyptian pound syndicated loan in favour of the…
Orascom Construction: Banks offer $1.95 billion for Egypt Power Station
Orascom Construction intends to raise US$1.95 billion in syndicated loans which will be used for the $3 billion…
Egypt’s Banking Sector: Beacon of Stability; CIB Chief writes
In his recent article at The Hill newspaper, high-profile Egyptian banking figure Hisham Ezz Al-Arab writes…
CIB eyeing Citigroup’s Retail Operations in Egypt
Egypt's Commercial International Bank (CIB) said on Wednesday Citigroup had opened its books for a due diligence…
Ahli United Bank secures EGP350 million for Egyptian Steel’s Loan
Ahli United Bank pumps EGP 350 million (US$45.8 million) in a loan arranged for one of Egyptian Steel Group’s…
Banque Du Caire pumps $80 million in ElSewedy Electric’s Loan
Banque Du Caire is pumping US$80 million in a loan arranged for Egypt’s ElSewedy Electric Company, a banking source…
Egypt’s Top Performing Companies Ignore Online Presence: Business Directory
Egyptian companies do not realise the potential of an online presence, according to a study conducted by the…
