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" CIB"

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Books - Reviews
2/4/2024 12:26:46 AM
On the occasion of the 55th Cairo International Book Fair (CIBF), Ahram Online runs a sequel of interviews with authors whose books are making it to the stand this year. We talked with novelist Mohamed Abdel-Gawad.

Books - News
1/30/2024 2:06:29 PM
Ahram Online spoke with acclaimed Bangladeshi poet Aminur Rahman during his visit to Egypt as a guest of the Cairo International Book Fair.

Books - Reviews
1/27/2024 12:08:36 PM
On the occasion of the 55th Cairo International Book Fair (CIBF), Ahram Online (AO) runs a sequel of interviews with authors whose books are making it to the stand this year, among whom is Mina Adel Gayed.

Business - Economy
1/24/2024 2:36:33 PM
Global rating agency Moody’s has changed the future outlook for five major Egyptian state-owned and private banks from stable to negative, while maintaining their long-term deposit ratings at CAA1 and B3, according to a report by the agency on Tuesday.

Business - Economy
1/21/2024 6:14:25 PM
The Commercial International Bank (CIB) has issued new premium certificates of deposits (CDs) that offer a fixed monthly yield of up to 22 percent, according to the bank’s website.

Business - Economy
1/17/2024 2:28:38 PM
Egypt’s Social Housing and Mortgage Finance Fund (SHMFF) has signed a protocol with the Commercial International Bank (CIB) to offer EGP 3 billion in financing social housing for low- and middle-income citizens.

Business - Economy
1/13/2024 5:11:43 PM
Egypt's Nasser Social Bank (NSB) has launched new certificates of deposit (CDs) that offer an annual yield of up to 20 percent, with a three-year maturity period, according to a Cabinet statement on Saturday.

Business - Economy
12/13/2023 1:13:17 PM
The European Bank for Reconstruction and Development (EBRD) is considering providing two loans totaling $35 million to the Egypt-based Arab Investment Bank (aiBank), according to statements by the EBRD on Tuesday.

Business - Economy
12/3/2023 11:10:39 AM
The African Development Bank (AfDB) announced a financial package of $148 million to support the Commercial International Bank of Egypt (CIB) in its endeavors to strengthen small and medium enterprises (SMEs) and facilitate trade.

Business - Markets & Companies
11/24/2023 2:24:06 PM
The Egyptian Exchange (EGX) indices achieved outstanding results for the second week in a row, and the main index reached a new all-time high above 25,500 points, supported by a surge in the index's heaviest stock, Commercial International Bank (CIB).

Business - Markets & Companies
11/19/2023 3:59:59 PM
The Egypt-listed Commercial International Bank (CIB) has secured a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, according to a bourse statement on Sunday.

Business - Markets & Companies
11/10/2023 12:50:01 PM
Egyptian Exchange (EGX) indices leaped in the week that ended on 9 November with the recovery of fertilizers stocks and positive financials from Commercial International Bank (CIB), the biggest stock in the main index, EGX30.

Business - Economy
10/26/2023 12:42:16 PM
S&P Global has revised down the long-term credit ratings for three Egyptian banks; including two major state-owned banks, to B- from B.

Business - Economy
10/2/2023 2:45:35 PM
Global digital payments company Visa announced a new cooperation with Commercial International Bank (CIB) to launch the She's Next programme to empower women-owned businesses in Egypt, according to a statement by Visa on Monday.

Business - Economy
8/3/2023 7:58:53 PM
The Commercial International Bank (CIB) launched Thursday a one-year USD-denominated certificate of deposits (CDs) with a monthly yield of 6 percent.

Business - Economy
7/9/2023 5:42:53 PM
Commercial International Bank (CIB) has announced receiving $250 million in long-term loans from the International Finance Corporation (IFC) to support its capital and fund green projects, according to a bourse statement on Sunday.

Business - Economy
5/25/2023 12:52:50 PM
African Banker magazine granted Chairman of the Commercial International Bank (CIB) Hisham Ezz El-Arab the Lifetime Achievement Award in recognition of his achievements throughout his banking career, the magazine stated.

Business - Economy
5/17/2023 11:17:52 PM
The Central Bank of Egypt (CBE) has hired the UK's Barclays Corporate and Investment Bank (Barclays CIB) as the international financial adviser for the sale of its 99 percent stake in the state-owned United Bank, according to a statement by the CBE on Wednesday.

Business - Economy
5/17/2023 9:10:15 PM
Fitch Ratings downgraded on Wednesday four Egyptian banks' Long-Term Issuer Default Ratings (IDRs) to 'B' from 'B+' and Viability Ratings (VRs) to 'B' from 'B+', and maintained their outlooks as Negative.

Business - Economy
5/1/2023 6:00:55 PM
Standard & Poor (S&P) Global Ratings has revised its outlooks on the National Bank of Egypt (NBE), Banque Misr, and Commercial International Bank (CIB) to negative from stable.

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