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…
Browsing Tag
Commercial International Bank
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…
East Delta Electricity Company Studies 3 New Funding Bids
East Delta Electricity Production Company (EDEPCO) is holding next month its annual meeting to discuss three offers…
Egyptian Gulf Bank Considers Pumping EGP120mn in NPSS’s Loan
Egyptian Gulf Bank (EGB) is considering contributing in National Port Said Steel Company (NPSS) loan with stake…
Vodafone Egypt Seeks Inking Loan worth EGP4bn with 7 Banks
Vodafone Egypt is seeking to sign loan worth EGP4 billion with 7 banks in banking sector before the end of the…
IFC Boosts Urban Development Create New Jobs in Egypt
IFC, a member of the World Bank Group, and the European Bank for Reconstruction and Development (EBRD), are…
CIB Egypt Attains 31% Increase in H1 Net Profits
The Consolidated business results of Commercial International Bank (CIB) revealed that EGP1.737billion net profits…
SODIC Inks EGP300 million Loan Contract with CIB
Egyptian property developer, Six of October Development & Investment (SODIC) (OCDI.CA) signed Wednesday an EGP…
Metropolitan Egypt’s Finance Hit EGP580mn till June
The total funds of Egypt's Metropolitan Consulting (S.A.E) reached more than EGP580 million till last June. CEO…
