EFSA postpones its decision in Beltone-CI Capital acquisition deal, pending resolutions on CIB case and Sawiris violation
EFSA is only concerned about the violations that require reconciliation or resorting…
NBE, CIB, Banque Misr, QNB Al-Ahli, HSBC hold over half of banking sector’s total profits as of December 2015
The CBE said in a recent report that the net profit of…
CIB wins court judgment to sell CI Capital
The Cassation Court ruled in Commercial International Bank-Egypt’s (CIB) favour in its…
OTMT, CIB agree to extend acquisition offer before its conclusion on Thursday
OTMT made the acquisition offer through its affiliated company Beltone Financial. The…
Egyptian winners named in 4th Amcham Mena Council Women in Business Awards
The Egyptian winners of Amcham’s awards will now compete for the regional…
Hisham Ramez returns to CIB after 3-year absence
Ramez served as vice chairman of the CIB in December 2011
Egyptian banks provide EGP 40m for redevelopment of downtown Cairo
Banque Misr, the National Bank of Egypt (NBE), the Commercial International Bank…
CIB approves OTMT’s EGP 924m offer to purchase CI capital
OTMT’s intentions to acquire the investment bank were first reported in December…
