Foreign Sell-off Drives Egypt Main Index 1.6% Down on Tuesday
Egypt’s bourse continued its downturn performance for the second day in a row, with losses totaled 2.9 Egyptian…
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Commercial International Bank
Fitch Revises Two Egyptian Banks’ Outlooks to Stable; Affirms at ‘B-‘
Fitch Ratings has affirmed National Bank of Egypt's (NBE), its wholly-owned subsidiary, National Bank of…
EFG-Hermes adjusts CIB FV to EGP35.6/share to incorporate the 1:2 stock dividend
EFG-Hermes adjusted Commercial International Bank’s (COMI.CA) previous FV of EGP 53.4/share downwards to…
AAIB Inks 2 Financing Contracts worth EGP1.2 bln for Contact Group
The Arab African International Bank (AAIB) has signed today a Memorandum of Information with Contact Securitization…
KIMA Egypt Says Net Profit 21.6% up in FY12/13
The Egyptian Chemical Industries (Kima) (EGCH.CA) announced a 21.6 percent increase in its net profit for the…
Kima Signs Definitive Loan Agreement Worth $375 mln
The Egyptian Chemical Industries (Kima) (EGCH.CA) has signed on Monday the definitive loan agreement contract after…
EFG-Hermes to Showcase Investments in 21 Local Firms to 90 Global Entities
EFG-Hermes Holding (HRHO.CA), a leading investment bank in the MENA region, will organize its third annual…
Fitch Downgrades Two Egyptian Banks to ‘B-‘; Outlook Negative
Fitch Ratings has downgraded National Bank of Egypt's (NBE), its wholly-owned subsidiary, National Bank of Egypt…
4 Banks Ink Egyptian Hydrocarbon’s Loan & $18 Mln For 1st Tranche
Banque Misr, Commercial International Bank, Bank of Cairo and Ahli United Bank have finalized the final signing the…
CIB Delays its EGM Due to Lack of Quorum
Commercial International Bank of Egypt (CIB) ,in its statements today, announced the postponement of its…