The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange (LSE) ended mostly flat Friday. …
Tag:
Commercial International Bank
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Banks
Egypt’s electricity holding inks $525mn loan with Afreximbank, 9 banks today
by Yomna Yasserby Yomna YasserState-run Egyptian Electricity Holding Company (EEHC) is to sign Thursday a US$525-million funding contract with a banking …
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Banks
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
by Yomna Yasserby Yomna YasserA consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for …
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The African Development Bank (AfDB) is in talks with two major Egyptian banks to finance small businesses …
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Banks
CIB receives regulatory approval to acquire Citibank’s Egypt businesses
by Yomna Yasserby Yomna YasserCommercial International Bank (CIB), biggest commercial bank in Egypt,announced Tuesday that it has received the approval of …
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Banks
NBE-NBAD alliance named financial advisor for Midor’s $1.4bn financing
by Yomna Yasserby Yomna YasserEgypt’s state-owned Middle East Oil Refinery (Midor) has selected National Bank of Egypt and National Bank of …
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Capital Intelligence (CI), the international credit rating agency, announced that Commercial International Bank (CIB)’s Financial Strength Rating (FSR) …
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Banks
CIB Egypt represents Africa, joins China’s “One Belt One Road” initiative
by Yomna Yasserby Yomna YasserCommercial International Bank (CIB) – Egypt’s largest private sector bank, has been selected by Bank of China …
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Blogging
Egypt’s Suez Canal Achievement shows Economic Progress – But What about Security?
by aya salahby aya salahToday something strange happened in Egypt: it achieved a goal ahead of time.That isn’t meant to be …
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Egypt’s largest private sector bank, Commercial International Bank (CIB) (COMI), posted a 23 percent rise in second …