Egyptian firm Orascom Telecom and Technology, which is owned by business tycoon Naguib Sawiris, has approved the …
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Commercial International Bank
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Financial Institutions
IFC pledges $144 million for Egypt’s energy infrastructure, ports
by Yomna Yasserby Yomna YasserThe International Finance Corporation (IFC), a member of the World Bank Group, announced Thursday it is providing …
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Banks
Egypt’s CI Capital plans to increase assets under management this year
by Yomna Yasserby Yomna YasserEgyptian investment bank, CI Capital is planning to increase its assets under management this year, its deputy …
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The international credit agency Moody’s said Monday that the Central Bank of Egypt’s (CBE) recent measures – …
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Banks
CIB arranged offering $306 million securitization bonds in Egypt in 2015
by Yomna Yasserby Yomna YasserCommercial International Bank (CIB), Egypt’s biggest private bank, arranged and took part in offering securitization bonds worth …
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The Banker, a Financial Times publication, has featured 16 Egyptian lenders in its 2016 ranking of Top …
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Banks
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
by Yomna Yasserby Yomna YasserA group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy …
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Three major Egyptian banks, the National Bank of Egypt, Commercial International Bank, and Banque Du Caire are …
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Banks
BREAKING : CIB sells CI Capital to Sawiris’ Orascom Telecom for $128mn
by Noha Gadby Noha GadEgyptian Commercial International Bank (CIB) has agreed Thursday on Orascom Telecom and Media Technology’s offer (OTMT) to …
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Banks
10 banks to sign multi-billion Egyptian pounds loan for power projects today
by Yomna Yasserby Yomna YasserA consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) …