Egypt’s GDRs in London bourse close mostly steady Friday
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange (LSE) ended mostly flat Friday.…
Browsing Tag
Commercial International Bank
Egypt’s electricity holding inks $525mn loan with Afreximbank, 9 banks today
State-run Egyptian Electricity Holding Company (EEHC) is to sign Thursday a US$525-million funding contract with a…
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
A consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for…
AfDB in talks with NBE, CIB to fund trade, SMEs in Egypt
The African Development Bank (AfDB) is in talks with two major Egyptian banks to finance small businesses and trade…
CIB receives regulatory approval to acquire Citibank’s Egypt businesses
Commercial International Bank (CIB), biggest commercial bank in Egypt,announced Tuesday that it has received the…
NBE-NBAD alliance named financial advisor for Midor’s $1.4bn financing
Egypt's state-owned Middle East Oil Refinery (Midor) has selected National Bank of Egypt and National Bank of Abu…
Capital Intelligence affirms CIB ratings at ‘BBB-‘
Capital Intelligence (CI), the international credit rating agency, announced that Commercial International Bank…
CIB Egypt represents Africa, joins China’s “One Belt One Road” initiative
Commercial International Bank (CIB) – Egypt’s largest private sector bank, has been selected by Bank of China to…
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…
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…