Egypt’s SODIC unit secures CIB medium-term loan facility
Egyptian property developer SODIC said on Sunday its subsidiary SOREAL signed a medium-term loan facility agreement…
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Commercial International Bank
CIB Egypt bank eyes takeover of Kenyan bank Mayfair
Commercial International Bank (CIB), Egypt’s largest private lender, is planning to buy one of Kenya’s lower-tier…
Egypt’s CIB bank partners with World Economic Forum
Egypt's biggest private bank, Commercial International Bank (CIB) is partnering with the World Economic Forum to…
Egypt’s CIB to open representative office in Ethiopia July-end
Egypt’s Commercial International Bank (CIB) will open a representative office in Ethiopia at the end of this month,…
Egypt’s CIB bank says first-quarter profits up by 31%
Egypt's Commercial International Bank (CIB) reported first-quarter profits of 2.6 billion Egyptian pounds ($151.7…
Saudi Arabia’s Alhokair fully pays off Egypt mall loan
Marakez, a subsidiary of Saudi mall developer Fawaz Alhokair, has fully paid off a 2 billion Egyptian pound ($111.7…
CIB bank, Misr Life to issue workers’ certificate, awaits CBE approval
Misr Life Insurance has received Financial Supervisory Authority to issue Aman EL-Masreen certificate in…
S&P upgrades two Egyptian banks on strong GDP growth
Standard & Poor’s raised its ratings on two Egyptian banks on Tuesday, saying the country’s GDP growth and…
Saudi Arabia’s Alhokair seeks early repayment for Egypt mall loan
Marakez, a subsidiary of Saudi Fawaz Alhokair Group, is in talks with seven banks on paying off around 1.6 billion…
Egypt’s stock index hit two-month high on foreign buying
Egypt’s main index hit on Thursday the highest level since July 12, due to sustained interest in financials and…
