CIB stated that its board of directors had already obtained the approval of the Central Bank of Egypt for this decision in a statement.
Under the initiative, five Egyptian women-led businesses in Egypt received a US$10,000 grant and a year of business coaching from IFundWomen
Emiratis dominated the list with 19 entries, followed by Egypt’s 16 and Saudi Arabians taking 15 spots. Forbes registered 27 CEOs from the banking and financial sectors, followed by 8 telecom CEOs
The disclosure comes only a few days after the ADQ announced its intention to invest up to $2 billion in the Egyptian market by purchasing state-owned stakes in a number of companie
Egypt's first private sector green bond, it is set to help CIB increase lending to businesses willing to invest in eco-friendly initiatives and projects
