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Latest Egypt Commercial Bank News

  • UAE markets close up 9 Oct 2008 20:43 GMT
    ... and 3.24 percent higher, while Abu Dhabi Commercial Bank closed 6.92 percent up. In Dubai, the main ... Cables Co also closed 10 percent up. Egypt's benchmark CASE 30 index traded 6.88 percent ...

  • As Egyptian bourse tumbles, analysts and brokers urge investors to stay cool 9 Oct 2008 10:28 GMT
    ... holiday and still no respite for the Egyptian stock exchange, which has been pummeled alongside ... a loser. Shares of CIB, Egypt's biggest commercial bank, were up nearly 20 percent to LE 37.49 ...

  • The roots of Egypt's market crash 8 Oct 2008 21:37 GMT
    ... Services via COMTEX) -- When brokers at Egypt's Cairo and Alexandria Stock Exchange (CASE) returned ... stocks like CIB, which is the biggest commercial bank here in Egypt, went down significantly. It went ...

  • Cairo stock market hits two- year low 8 Oct 2008 01:09 GMT
    ... CAIRO: Egyptian stocks hit a two-year low Tuesday as ... 10 percent and CIB, the country's biggest commercial bank, falling as much as 40 percent on small ...

  • Egyptian bourse hit a two-year low on crisis fears - Feature 7 Oct 2008 23:28 GMT
    ... Cairo - The Egyptian stock market dropped almost 16.5 per cent ... Commercial International Bank (CIB), the country's biggest commercial bank, falling as much as 40 per cent. The ...

  • US, European stock markets struggle after Monday's plunge 7 Oct 2008 22:11 GMT
    ... US, European stock markets struggle after Monday's plunge LONDON (AFP) ... expand the provision of dollars to the commercial banks. The European Union in further action more than ... the biggest percentage loss was reported in Egypt, where the key index plummeted by more ...

  • FP Magazine: Buck on a wire 7 Oct 2008 20:36 GMT
    ... job, in risk management for Industrial and Commercial Bank of China, the country's biggest commercial lender. After ... moving, says Scotiabank's Llewellyn, herself a Kuwaiti-born, Egyptian immigrant to Canada. Other Canadian banks have ...

  • Stock markets across Arab world suffer steep losses 7 Oct 2008 19:39 GMT
    ... companies plummeted below the 10 percent threshold, Egypt's Middle East News Agency reported. Analysts said ... 10 percent and CIB, the country's biggest commercial bank, was down about 20 percent. Related articles: ...

  • Arab stock markets fall sharply 7 Oct 2008 18:32 GMT
    ... the market," said Wael Ziada, head of Egypt research with EFG Hermes. Ultimately, "it's not ... 10 percent and CIB, the country's biggest commercial bank, was down about 20 percent. Associated Press writers ...

  • Buck on a wire 7 Oct 2008 17:36 GMT
    ... job, in risk management for Industrial and Commercial Bank of China, the country's biggest commercial lender. After ... moving, says Scotiabank's Llewellyn, herself a Kuwaiti-born, Egyptian immigrant to Canada. Other Canadian banks have ...

  • Cairo stock market hits 2-year low 7 Oct 2008 17:02 GMT
    ... companies plummeted below the 10 percent threshold, Egypt's Middle East News Agency reported. Analysts said ... 10 percent and CIB, the country's biggest commercial bank, falling as much as 40 percent on small ...

  • No let up as UAE real estate shares slump continues 7 Oct 2008 16:55 GMT
    ... the index was reformulated in 2007, while Egypt's main index fell 16 percent to erase ... Bank of Kuwait, Kuwait Finance House and Commercial Bank of Kuwait ended 2.41 percent, 5.05 percent and ...

  • Egypt's stock market plunges over 16 percent, hitting 2 - year low amid global financial worries 7 Oct 2008 16:55 GMT
    ... companies plummeted below the 10 percent threshold, Egypt's Middle East News Agency reported. Analysts said ... 10 percent and CIB, the country's biggest commercial bank, falling as much as 40 percent on small ...

  • Nationalisations and rescues stepped up in finance debacle 7 Oct 2008 16:51 GMT
    ... Nationalisations and rescues stepped up in finance debacle ... was no hiding from the financial panic. Egypt's CASE-30 stock index fell 16.5 percent. The ... the provision of US dollars to cash-strapped commercial banks. ECB president Jean-Claude Trichet has pledged to keep ...

  • Cairo stock market hits 2 year low 7 Oct 2008 16:47 GMT
    ... the market," said Wael Ziada, head of Egypt research with EFG Hermes. Ultimately, "it's not ... 10 percent and CIB, the country's biggest commercial bank, falling as much as 40 percent on small ...


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