The Commercial International Bank (CIB) Egypt — listed on the Egyptian Exchange — held its Ordinary General Assembly today, where shareholders approved a number of key resolutions, most notably the …
CIB
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The Commercial International Bank (CIB), Egypt’s largest private sector bank, announced an increase in the maximum foreign currency withdrawal limit for travelers to $10,000 or its equivalent in other currencies, …
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Egypt’s stock market surged to a fresh record high on Sunday, with the benchmark EGX30 index climbing for the seventh consecutive session, supported by easing inflation and rising investor confidence, …
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Arts & CultureHighlights
CIB Finances EGP 963 Million Upgrade for Giza Pyramids Sound and Light Show
Promoting Egypt’s cultural tourism infrastructure, the Commercial International Bank (CIB) has signed a medium-term financing agreement worth EGP 963 million with OSL Entertainment Projects, a subsidiary of Orascom Investment Holding, …
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Dr. Yasmin Fouad, Egypt’s Minister of Environment, chaired the third board meeting of the Financial Systems Transformation for Climate Project (TFSC), which took place at the Ministry’s headquarters. The meeting …
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The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a Memorandum of Understanding (MoU) with the Commercial International Bank (CIB) to provide both technical and financial support to …
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Egypt’s banking sector has delivered a strong performance in the first nine months of 2024, with banks collectively reporting over EGP 426 billion in net profits. This robust performance underscores …
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News
CIB and Chamber of Food Industries Forge Strategic Partnership to Boost Egypt’s Food Export Sector
The Commercial International Bank – Egypt (CIB) has entered into a strategic sponsorship and cooperation agreement with the Chamber of Food Industries (CFI), under the Federation of Egyptian Industries. …
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Economy
IFC Extends $150 Million Financing to Egypt’s Commercial International Bank to Support MSME Growth
The International Finance Corporation (IFC) announced a $150 million financing package for Egypt’s Commercial International Bank (CIB) on Sunday. This move aims to strengthen CIB’s capital base and enhance …
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EconomyWomen’s Achievements
CIB Appoints Nevine Sabbour as First Female Non-Executive Chair for the Bank
Commercial International Bank Egypt (CIB), Egypt’s largest private sector bank, has announced several changes to its Board of Directors, which are pending approval from the Central Bank of Egypt and …
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