Naguib Sawiris
Egypt deports popular Lebanese political talk show host
Egypt
June 28, 2016
Egypt deports popular Lebanese political talk show host
Egypt on Monday arrested and deported popular talk show host Liliane Daoud, security and airport sources said, hours after the…
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…
Sawiris: Army’s control on market does not affect businessmen
Egypt
April 2, 2016
Sawiris: Army’s control on market does not affect businessmen
The notable Egyptian businessman Naguib Sawiris has supported the economic role played by the army, yet expressed concerns that this…
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…
Sawiris eyes EU50 bn bank in Luxembourg
Business
March 8, 2016
Sawiris eyes EU50 bn bank in Luxembourg
Egyptian businessman Naguib Sawiris plans to invest 50 million euros (US$55 million) to set up a bank in Luxembourg specializing…
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…