Egypt’s bourse continued its downturn performance for the second day in a row, with losses totaled 2.9 …
Commercial International Bank
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Banks
Fitch Revises Two Egyptian Banks’ Outlooks to Stable; Affirms at ‘B-‘
by Yomna Yasserby Yomna YasserFitch Ratings has affirmed National Bank of Egypt’s (NBE), its wholly-owned subsidiary, National Bank of Egypt (UK) Ltd’s …
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Banks
EFG-Hermes adjusts CIB FV to EGP35.6/share to incorporate the 1:2 stock dividend
by Yomna Yasserby Yomna YasserEFG-Hermes adjusted Commercial International Bank’s (COMI.CA) previous FV of EGP 53.4/share downwards to LE35.6/share, with no fresh …
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Banks
AAIB Inks 2 Financing Contracts worth EGP1.2 bln for Contact Group
by Yomna Yasserby Yomna YasserThe Arab African International Bank (AAIB) has signed today a Memorandum of Information with Contact Securitization Company …
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The Egyptian Chemical Industries (Kima) (EGCH.CA) announced a 21.6 percent increase in its net profit for the …
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The Egyptian Chemical Industries (Kima) (EGCH.CA) has signed on Monday the definitive loan agreement contract after more …
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Industry & Trade
EFG-Hermes to Showcase Investments in 21 Local Firms to 90 Global Entities
by Yomna Yasserby Yomna YasserEFG-Hermes Holding (HRHO.CA), a leading investment bank in the MENA region, will organize its third annual conference …
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Financial Institutions
Fitch Downgrades Two Egyptian Banks to ‘B-‘; Outlook Negative
by Yomna Yasserby Yomna YasserFitch Ratings has downgraded National Bank of Egypt’s (NBE), its wholly-owned subsidiary, National Bank of Egypt (UK) …
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Banks
4 Banks Ink Egyptian Hydrocarbon’s Loan & $18 Mln For 1st Tranche
by Salma Aymanby Salma AymanBanque Misr, Commercial International Bank, Bank of Cairo and Ahli United Bank have finalized the final signing …
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Commercial International Bank of Egypt (CIB) ,in its statements today, announced the postponement of its extraordinary general …