Ezz Al-Arab’s resignation from CIB: what goes on behind the scenes?
The CIB Board of Directors has unanimously decided to appoint Sherif Sami as non-executive chairperson of the bank, subject to the Central Bank of Egypt’s (CBE) approval.
FRA allows resumption of CIB shares trading on EGX
The FRA had requested suspension of CIB shares trading before the start of the Thursday session.
CBE provides full support to CIB to preserve its financial position, deposits
A CBE statement read, “The CBE approved the decision of the CIB’s Board of Directors to appoint Sherif Sami, a board member and former chairperson of the Financial Regulatory Authority,…
EgyptAir becomes 1st African airline to add Airbus A320Neo simulator to training academy
The move comes as part of its emphasis on leadership, making it an international centre specialised in the various fields of training. It also reflects the airline’s keenness to keep…
Ethiopia, responding to Trump, says it rejects aggression over GERD
US President waded into GERD dispute between the three African nations saying that “Egypt is not going to be able to live that way, may blow-up dam.”
Egypt’s PM votes in 1st stage of House of Representative elections
Voting in the first phase of the House of Representatives elections will take place in Egypt over Saturday and Sunday in 14 governorates
Trump says Ethiopia broke deal to resolve GERD dispute with Egypt, Sudan
The giant hydro-electric dam dubbed the Grand Ethiopian Renaissance Dam (GERD) has been centre of dispute between the three African nations.
CIB appoints Sherif Samy as non-executive chairperson plegdes corrective actions
Samy says CIB top priority is to continue enhancing franchise and its risk and governance frameworks, in addition to supporting national objectives
Egypt, US have a close economic and strategic relationship: Keith Krach
U.S. Undersecretary of State Keith Krach visits Egypt to promote secure telecommunications networks
Government invests EGP 29.6bn in Qena, Sohag over 4 years: Planning Minister
El-Said said that the remarkable growth in the volume of investments directed to the governorates comes as part of the government’s keenness to reduce development gaps by focusing on the…