CIB sells 3.45% stake of CI Capital: CIB announced on Thursday the sale of 3.45% of its stake in CI Capital in a EGP 44.9 mn transaction, Reuters reports. The sale reduces CIB’s total stake in CI Capital to around 10%, as the bank had also sold 9.99% of its shares in the former subsidiary earlier this month. CIB sold a 74.75% stake in the investment bank to a group of investors last March.

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