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National Bank of Egypt, CIB, Emirates NBD testing e-KYC automation
The National Bank of Egypt, CIB and Emirates NBD are piloting an automated know your customer system (e-KYC), Federation of…
CI Capital reports 46% increase in net profits
EARNINGS WATCH- CI Capital reports 46% increase in profits: CI Capital net profits increased 46% in fiscal 2019 to EGP…
Raya Holding to establish three subsidiaries in 1H2020
Raya Holding is joining the rush into non-bank financial services and aims to set up three subsidiaries in 1H2020, including…
CIB Overseas Banking: Tailored services for a global lifestyle
Are you living abroad and in need of reliable and convenient banking services in Egypt? CIB is proud to introduce…
CIB mulls issuing up to EGP 15 bn in financial instruments to fund expansion
CIB could issue up to EGP 15 bn in financial instruments to finance its planned expansion, according to a bourse…
Earnings watch: CIB delivers record 4Q, FY2019 results; MNHD profits hit EGP 1 bn
EARNINGS WATCH- CIB delivers record 4Q, FY2019 earnings: CIB posted record consolidated net profits of EGP 3.26 bn in 4Q2019,…
Cairo Cotton in talks to buy shares of Dice amid merger negotiations
M&A WATCH- Cairo Cotton wants Dice stake as part of takeover: Cairo CottonCenter is looking to purchase a share of…
MIDOR completes USD 300 mn financing agreement
The Middle East Oil Refinery (Midor) has secured a USD 300 mn medium-term syndicated loan from CIB and Al Ahli…
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