Ci Capital
Egypt’s CIB and Beltone drop plans for CI Capital sale
Business
June 9, 2016
Egypt’s CIB and Beltone drop plans for CI Capital sale
Egypt's Commercial International Bank (CIB) has dropped plans to sell its investment bank CI Capital to Beltone Financial after failing…
Egypt’s CIB approves extension for Beltone Financial’s offer for CI Capital
Business
April 28, 2016
Egypt’s CIB approves extension for Beltone Financial’s offer for CI Capital
Egypt's Commercial International Bank (CIB) approved a two-week extension for an offer by Beltone Financial to acquire its subsidiary CI…
Egyptian court ruling allows CI Capital deal with Beltone
Business
April 21, 2016
Egyptian court ruling allows CI Capital deal with Beltone
A Cairo Court ruled in favour of Commercial International Bank (CIB) on Wednesday, pushing through the sale of shares in…
Egypt’s Beltone says still pursuing CI Capital acquisition
Business
April 15, 2016
Egypt’s Beltone says still pursuing CI Capital acquisition
Egypt's Beltone Financial will pursue its acquisition of CI Capital, the investment banking arm of the country's largest-listed bank, despite…
CBE governor responds to Sawiris ‘stalling’ claims in CI Capital row
Business
March 28, 2016
CBE governor responds to Sawiris ‘stalling’ claims in CI Capital row
The governor of the Central Bank of Egypt (CBE) has responded to claims from businessman Naguib Sawiris that the CBE…
Egypt’s Sawiris says CI Capital acquisition stalled by security
Business
March 27, 2016
Egypt’s Sawiris says CI Capital acquisition stalled by security
Egyptian billionaire Naguib Sawiris said on Sunday his bid to acquire CI Capital, the investment arm of Egypt's largest listed…
CIB accepts billionaire Sawiris’s bid to buy CI Capital, Egypt’s stock market rises
Business
February 15, 2016
CIB accepts billionaire Sawiris’s bid to buy CI Capital, Egypt’s stock market rises
The Egyptian stock market's benchmark index EGX 30 rose by around 0.95 percent, reaching 5,808 points in the first 15…
Egypt’s OTMT approves final offer for CI Capital
Business
February 11, 2016
Egypt’s OTMT approves final offer for CI Capital
Egyptian firm Orascom Telecom and Technology has approved the final offer for the acquisition of CI Capital, a subsidiary of…
CI Capital gets expression of interest from National Bank of Egypt
Business
February 7, 2016
CI Capital gets expression of interest from National Bank of Egypt
The National Bank of Egypt's investment arm has expressed an interest in CI Capital, a subsidiary of Commercial International Bank…
UPDATE: Egypt’s Orascom Telecom makes $128 mn bid for CI Capital
Business
December 17, 2015
UPDATE: Egypt’s Orascom Telecom makes $128 mn bid for CI Capital
Commercial International Bank (CIB), Egypt's largest listed company, said on Thursday it had received a LE1 billion ($127.7 million) offer…