Latest in Tag: CI Capital Highlight

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Latest in Tag: CI Capital

CI Capital intends to list 43.6% of its capital on EGX

CI Capital announced on a press statement on Thursday that it plans to list a 43.6% stake of its capital, which is equivalent to 246.9m shares on the Egyptian Exchange (EGX) through an initial public offering (IPO) in the second quarter (Q2)of 2018. Furthermore, the offering will consist of a secondary sale of shares by …

Daily News Egypt

Investors welcome economic reforms in Egypt: CI Capital

CI Capital arranged one-on-one investor meetings for the Egyptian Finance Minister Amr El-Garhy in London on 26 April. Several meetings were held and attended by El-Garhy, alongside global fund managers who manage assets totalling $3.7tn. CI Capital stated that the positive outlook of investors on Egypt was strengthened by the economic reforms currently undertaken, illustrating the …

Daily News Egypt

The Commercial International Bank (CIB) hosted its first workshop entitled "Exchange Services for Companies" (Photo Public Domain)

CIB wins court judgment to sell CI Capital

The Cassation Court ruled in Commercial International Bank-Egypt’s (CIB) favour in its a legal dispute with the shareholders of CI Capital, 99.98% of whose shares the bank now owns, according to press statement on Thursday. The statement said that the judgement allows CIB-Egypt to proceed with the completion of a deal to sell CI Capital …

Shaimaa Al-Aees