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Banque Misr arranges 4 loans worth EGP 3.6 bn pounds for Al Marasem developments
Banque Misr has arranged four shariah-compliant syndicated facilities worth EGP 3.6 bn for Al Marasem International Development for projects in…
The Banker names National Bank of Egypt, Banque Misr, CIB among top 10 banks in Africa
The Banker names CIB, NBE, Banque Misr among top 10 banks in Africa: The Banker, a sister publication of the…
Earnings Watch: QNB Al Ahli’s net profits fell 9% in 1H2020
EARNINGS WATCH- QNB Al Ahli’s net profits fell 9% y-o-y in 1H2020 to EGP 3.8 bn, according to an earnings…
CIB gets USD 100 mn in tier 2 capital from UK investment group CDC
DEBT WATCH- UK’s CDC provides CIB with USD 100 mn in tier 2 capital: Leading private sector bank CIB has…
Manage your business, no matter where you are, with CIB Business Online
Are you a business owner and a CIB customer? Have you registered for your company’s internet banking privileges? Is the…
Edita’s Morocco arm obtains USD 8.2 mn loan to fund new facility
Edita Food Industries’ Morocco-based subsidiary has acquired a MAD 80 mn (c. USD 8.24 mm) from the Arab Bank’s branch…
Central Bank of Egypt to hedge against loans to larger firms
CBE Credit Guarantee Company will guarantee loans by banks under EGP 100 bn stimulus program: The Central Bank of Egypt…
Palm Hills signs EGP 365 mn loan with BM, AAIB to finance Hacienda Bay
Real estate developer Palm Hills Developments has signed a EGP 365 mn loan agreement with Banque Misr and the Arab…
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