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CIB CEO Hisham Ezz Al Arab receives Global Finance’s Lifetime Achievement Award
Ezz Al Arab was CIB’s chairman between 2002 and 2020
Robbiki Leather City is getting an EGP 2 bn Turkish project?
PLUS- Another textile project is coming to Qantara West
CIB’s net income surges 78% y-o-y in 4Q 2024
The bank’s revenues grew 57% y-o-y during the quarter
IFC, CIB to help energy-intensive industries slash emissions
PLUS- Osool ESB’s board approved Abu Dhabi-based Amass Investments’ offer to acquire a EGP 100 mn stake
Madinet Masr secures EGP 9 bn syndicated loan
Madinet Masr will use the EGP 9 bn mid-term revolving facility to fund its mix-use project developments.
Holding Company for Roads and Bridges looks to secure USD 500 mn worth of Iraqi rail projects. PLUS: Mermec, Fawry, Amoun + Atlas, EBRD + CIB
Iraq has a plan to spend USD 100 bn on infrastructure over the next three years
Fitch upgrades four Egyptian banks’ credit ratings to B on the back of sovereign credit improvements
Fitch cited improved FX liquidity and a significant jump in net foreign assets
CIB’s net income jumps 77% y-o-y in 3Q 2024
The bank’s net interest income grew 74% y-o-y during the three-month period
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