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CIB joins MNT-Halan’s IPO as a cornerstone investor
☀️ Good morning, friends, and happy long weekend. It’s been a shorter-than-usual week, yes, but plenty happened — we’ve got the…
CIB signs on as cornerstone investor for up to EGP 2 bn of MNT-Halan’s IPO
The IPO documents are with the FRA awaiting a final stamp, according to founder and CEO Mounir Nakhla, who expects…
Proposed US clampdown on BM’s UAE branches will have limited impact on the bank’s credit rating, Fitch says
Good morning, friends. We are kicking off the new week with interesting twists — no change in rates, but the…
Our friends at EFG Hermes and Beltone pick up fresh accolades, along with CIB
EFG Hermes retained the top corporate access spot on Extel’s Emerging EMEA survey, Beltone took Euromoney’s Islamic fund manager award,…
The EGX’s first single-stock futures have completed their first full lifecycle
Good morning, nice people. We are heading into the weekend with an issue all about things waiting to move. The…
Egypt approves Fujairah oil free zone in New Alamein
Plus: Egypt’s imports of Russian electrical equipment and machinery rose almost tenfold in 5M 2026
CIB’s net income rose 29% y-o-y in 2Q 2026 and posted its strongest-ever quarterly local-currency deposit haul
New-to-bank customers are up 35% as CIB’s digital push starts showing in the numbers
Are one-year certificates gone for good? Not yet
Banks are less willing to lock in high one-year deposit costs as further CBE cuts loom, after leaning on exceptional…
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