Tag: CIB

Banks highlight improved services, quarterly results

CIB Q3 net profit rises 5.6% Egypt’s leading bank, Commercial International Bank…

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Reducing subsidy expenses essential to jumpstarting Egypt’s economy: Economists

Reducing subsidy system expenses in the 2014/2015 fiscal year (FY) budget will…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

IFC, EBRD invest $60m in Mall of Arabia

Investment will be accompanied by additional $20m loan from the CIB

Sara Aggour Sara Aggour

SODIC, CIB sign EGP300m loan for Westown project

Project expected to yield around EGP1.3bn, company says

Sara Aggour Sara Aggour

CIB and EgyptAir launch joint-brand airline credit card

The joint-brand credit card was launched through the “Mileseverywhere” initiative, which offer…

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CIB named ‘Bank of the Year’

HSBC dropped 13 places on the efficiency indicator as its profits declined,…

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AFDB approves $50m CIB risk participation agreement

Agreement aids in addressing critical market demand for trade finance in Africa,…

Sara Aggour Sara Aggour

Private equity firm Actis reduces stake in Egypt’s CIB

Reuters - Private equity firm Actis has reduced its holding in Commercial…

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Al-Futtaim Group signs EGP 532m facility agreement with CIB

Loan will finance phase two of Cairo Festival City Project, says Al-Futtaim…

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MidEast Stocks: CIB’s strong earnings lift Egypt; Aldar drags down Abu Dhabi

Reuters - Egypt’s bourse rose on Wednesday as the country’s biggest listed…

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