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…
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Commercial International Bank
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…
EBRD provides $50 million Trade Finance Line to Egypt’s Biggest Bank
The European Bank for Reconstruction and Development is supporting the expansion of international trade in Egypt…
Fitch Upgrades Two Egyptian Banks Rating to ‘B’
Fitch Ratings has upgraded the Long-term Issuer Default Ratings (IDR) of the National Bank of Egypt, largest…
Vodafone Egypt, 7 Banks Ink EGP4bn Credit Facility Contract Today
Vodafone Egypt will be signing today credit facility contract worth EGP4 billion with 7 Egyptian banks. The company…
Vodafone Egypt, 7 Banks to Ink EGP4bn Credit Facility Contract by Monday
Vodafone Egypt will sign credit facility contract worth EGP4 billion with the alliance of seven Egyptian banks that…
Egypt’s CIB Posts 5.6% Profit Rise in Q3
Egypt's biggest listed bank Commercial International Bank (CIB) posted a 5.6 percent rise in third-quarter…
Moody’s Changes Outlook to ‘Stable’ for Five Egyptian Banks
Moody's Investors Service ("Moody's") has today affirmed and changed to stable from negative the outlook on the…
CIB Secures EGP500mn for Egypt’s Low-Income Housing Funding Initiative
The Commercial International Bank - CIB is allocating EGP 500 million (around $70mn) for the housing finance…
Inter Cairo: CIB Bank Agrees to Finance US$300mn for Aluminum Plant
Commercial International Bank (CIB) has initially approved to finance US$300 million in Favor of Inter Cairo…
