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CIB, AAIB to arrange EGP 1.7 bn for Wadi Degla Holdings
Wadi Degla Holdings has reached an agreement with CIB and the Arab African International Bank to arrange a EGP 1.7…
CIB shareholders approve EGP 1/share 2018 dividend
Leading private sector bank CIB’s shareholders approved a dividend payout of EGP 1 per share, the lender said in a…
CIB included in 2019 Bloomberg Gender-Equality Index
CIB has been included in the 2019 Bloomberg Gender-Equality Index (GEI), which recognizes efforts by companies across the globe to…
Earnings Watch: CIB, Sidi Kerir, EgyptAir report 2018 earnings
EARNINGS WATCH- CIB posts record full-year 2018 earnings: Our friends at CIB delivered a 27% y-o-y increase in net income…
Egypt’s CIB sets up VC arm CVentures to invest in fintech startups
CIB launches corporate venture capital arm: Our friends at CIB have launched a captive venture capital arm, CVentures, to invest…
Karim Abdel Gawad wins 2018 CIB Black Ball Squash Open Champion title
Egyptian squash champion Karim Abdel Gawad took the 2018 CIB Black Ball Squash Open title after defeating Ali Farag in…
Banks say new tax treatment not to affect 2018 results
Banks say new tax treatment of income from gov’t debt won’t hit 2018 P&L: CIB’s 2018 financial results will not…
Change in tax treatment of treasury holdings won’t take effect until measure passes Egypt’s House; expect more news today
Change in tax treatment of treasury holdings won’t take effect until measure passes the House; expect more news today: The…
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