Four Egyptian banks on UAB list of top 1000 banks
The Union of Arab Banks (UAB) included four Egyptian banks to its annual Top 1000 World Banks ranking that released…
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Commercial International Bank
Telecom Egypt in talks with banks for dollar tranche of the 4G loan
Egypt’s state-owned landline monopoly Telecom Egypt is negotiating a $180 million tranche of a loan worth 13…
Afreximbank, Egypt’s Arab Contractors sign $200 million facility deal
Egypt’s construction firm Arab Contractors has signed Sunday a $200 million credit facility agreement with the…
CIB bank Egypt H1 net profit 29.2% up
Egypt’s largest listed bank, Commercial International Bank (CIB) reported Thursday a 29.2 percent rise in net…
Egypt’s CIB approves capital hike through bonus shares
The ordinary general meeting (OGM) of Commercial International Bank- Egypt (CIB) has approved raising the…
Egyptian Electricity Holding to sign multi-billion pound loan deal this week
The state-run Egyptian Electricity Holding Co. will sign this week a syndicated loan deal worth 37.4 billion…
Egypt’s CIB sells 10% stake in CI Capital for 101 mln pounds
The Commercial International Bank – Egypt (CIB) has carried out a deal to sell a 9.99 percent stake in CI Capital…
Egypt’s CIB seeks to raise its capital by 25%
Egypt's largest listed bank, Commercial International Bank (CIB), will seek approval to issue bonus shares to raise…
Egypt’s CIB named best bank in the Middle East
Egypt’s largest listed lender, Commercial International Bank (CIB) was named on Tuesday as the best bank in the…
Consortium plans EGP13.5 bln loan for Egypt Petroleum Corp
A consortium of nine Egyptian banks is set to secure 13.5 billion Egyptian pounds ($745.8 million) to finance the…
