{"id":631025,"date":"2018-03-07T04:32:47","date_gmt":"2018-03-07T04:32:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/"},"modified":"2018-03-07T04:32:47","modified_gmt":"2018-03-07T04:32:47","slug":"adia-sells-egp-30-89-mn-cib-stake","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/","title":{"rendered":"ADIA sells EGP 30.89 mn CIB stake"},"content":{"rendered":"

The Abu Dhabi Investment Authority (ADIA) has sold an EGP 30.89 mn stake in CIB, according to an EGX release<\/a>. The sale of the 400k shares at EGP 77.2418 per share brings ADIA\u2019s holding to 4.9661% of the company's shares.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Abu Dhabi Investment Authority (ADIA) has sold an EGP 30.89 mn stake in CIB, according to an EGX release. The sale of the 400k shares at EGP 77.2418 per share brings ADIA\u2019s holding to 4.9661% of the company's shares.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631025","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"7e1efcfc-0881-4358-bc9f-bd4f477c730e","order":"0","is_powered_by":true,"section_story_id":"8815f625-fe0c-4861-afae-ad8ac4c74eec","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630990],"teaser":"","voice_url":""},"yoast_head":"\nADIA sells EGP 30.89 mn CIB stake - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADIA sells EGP 30.89 mn CIB stake\" \/>\n<meta property=\"og:description\" content=\"The Abu Dhabi Investment Authority (ADIA) has sold an EGP 30.89 mn stake in CIB, according to an EGX release. The sale of the 400k shares at EGP 77.2418 per share brings ADIA\u2019s holding to 4.9661% of the company's shares.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-07T04:32:47+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ADIA sells EGP 30.89 mn CIB stake\",\"datePublished\":\"2018-03-07T04:32:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/\"},\"wordCount\":45,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/\",\"name\":\"ADIA sells EGP 30.89 mn CIB stake - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-03-07T04:32:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ADIA sells EGP 30.89 mn CIB stake\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"ADIA sells EGP 30.89 mn CIB stake - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/","og_locale":"en_US","og_type":"article","og_title":"ADIA sells EGP 30.89 mn CIB stake","og_description":"The Abu Dhabi Investment Authority (ADIA) has sold an EGP 30.89 mn stake in CIB, according to an EGX release. The sale of the 400k shares at EGP 77.2418 per share brings ADIA\u2019s holding to 4.9661% of the company's shares.","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-03-07T04:32:47+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"ADIA sells EGP 30.89 mn CIB stake","datePublished":"2018-03-07T04:32:47+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/"},"wordCount":45,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["BANKING + FINANCE","EnterpriseAM"],"articleSection":["Banking + Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/","name":"ADIA sells EGP 30.89 mn CIB stake - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-03-07T04:32:47+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/adia-sells-egp-30-89-mn-cib-stake\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"ADIA sells EGP 30.89 mn CIB stake"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":636038,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/","url_meta":{"origin":631025,"position":0},"title":"Banque Misr sells EGP 275 mn worth of shares in MNHD","author":"enterpriseam admin","date":"19 December 2017","format":false,"excerpt":"Banque Misr has sold 25 mn shares in Medinet Nasr for Housing and Development (MNHD) for a total value of EGP 275 mn, according to a bourse disclosure. The sale reduces the bank\u2019s stake in MNHD to 3.47% from 5.97%.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645751,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/cib-sells-3-45-stake-in-ci-capital-for-egp-44-9-mn\/","url_meta":{"origin":631025,"position":1},"title":"CIB sells 3.45% stake in CI Capital for EGP 44.9 mn","author":"enterpriseam admin","date":"30 July 2017","format":false,"excerpt":"CIB sells 3.45% stake of CI Capital: CIB announced on Thursday the sale of 3.45% of its stake in CI Capital in a EGP 44.9 mn transaction, Reuters reports. The sale reduces CIB\u2019s total stake in CI Capital to around 10%, as the bank had also sold 9.99% of its\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560391,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/25\/fawry-closes-in-on-cib-banque-misrs-stakes-in-fawry-plus\/","url_meta":{"origin":631025,"position":2},"title":"Fawry closes in on CIB + Banque Misr\u2019s stakes in Fawry Plus","author":"enterpriseam admin","date":"25 February 2021","format":false,"excerpt":"E-payment giant Fawry is on track to hold 86% of Fawry Plus Banking Services after Fawry\u2019s board of directors signed off on the company moving ahead with negotiations to acquire a 48% stake in Fawry Plus, the company said in a bourse disclosure (pdf) yesterday. Fawry already owns 38% of\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599242,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/cib-signs-egp-400-mn-financing-agreement-with-mup\/","url_meta":{"origin":631025,"position":3},"title":"CIB signs EGP 400 mn financing agreement with MUP","author":"enterpriseam admin","date":"23 June 2019","format":false,"excerpt":"CIB has signed a EGP 400 mn medium-term financing contract with Medical Union Pharma (MUP), bringing the company\u2019s total credit facilities to EGP 1 bn, AMAY reported. The financing aims to consolidate the company\u2019s financial standing and allow it to boost its investments in the coming phase as well as\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595471,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/26\/domty-signs-egp-100-mn-loan-with-cib\/","url_meta":{"origin":631025,"position":4},"title":"Domty signs EGP 100 mn loan with CIB","author":"enterpriseam admin","date":"26 September 2019","format":false,"excerpt":"Cheese producer Domty has signed a medium-term, EGP 100 mn loan with the CIB to fund future expansion plans, including the launch of new products, the company said in an EGX disclosure (pdf). The company agreed to repay the bank within 75 months from the date of the first withdrawal.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645839,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/damietta-furniture-city-company-in-talks-with-cib-and-qnb-for-egp-800-mn-loan\/","url_meta":{"origin":631025,"position":5},"title":"Damietta Furniture City Company in talks with CIB and QNB for EGP 800 mn loan","author":"enterpriseam admin","date":"31 July 2017","format":false,"excerpt":"Damietta Furniture City Company \u2014 which operates the Damietta Furniture City complex \u2014 is in negotiations with CIB and QNB for an EGP 800 mn loan, Al Borsa reports. Company CEO Moataz Bahaa El Din expects the two banks to agree to the financing within a week.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=631025"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631025\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630990"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=631025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=631025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=631025"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=631025"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=631025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}