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BdC’s Hussein Abaza on why the bank is listing now and what comes next
The CEO says investors are buying a finished turnaround, funded by rural deposits and built for rate cuts
Hisham Ezz Al Arab to take over from Hussein Abaza as CIB’s new CEO
The changes are pending regulatory approvals
High school kids might get a second kick at thanaweya amma
Thanaweya amma students may soon get a second chance at improving their grades: The Education Ministry is looking into ways…
What we’re tracking on 28 February 2021
Good morning, friends, and welcome to the start of a new workweek. We’re a day away from a new month,…
You can breathe now
Leading private-sector commercial bank CIB reported net income of EGP 2.35 bn for 3Q2020 as it released its first set…
What we’re tracking on 25 October 2020
Good morning, friends. It’s a big day for: The EGX — and the financial system as a whole. One of…
Central bank says CIB “remains prudentially sound,” depositor funds are secure as Ezz Al Arab steps down in wake of probe by regulator
Central bank says CIB “remains prudentially sound,” depositor funds are secure as Ezz Al Arab steps down in wake of…
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…