The Commercial International Bank (CIB), an Egyptian private sector lender has announced plans to acquire a stake in Mayfair Bank Limited in Kenya.

Fifty-one brokerage companies have been granted licenses to offer short-selling in Egypt's bourse, a senior official at the country's Financial Regulatory Authority (FRA) said. 

The Commercial International Bank (CIB), an Egyptian private sector lender has announced its working on acquiring a bank in Kenya. The bank’s board revealed this after they reported a 23% rise in net profits in the third quarter of 2019. 

The Listing Committee held on 30/10/2019 has approved the final de-listing for the shares of Suez Bags (EGX:SBAG), amounted to 10,935,000 shares, at a par value of EGP 2 per share (Voluntary de-listing), in the light of the purchase transactions for shares of the protested, aggrieved shareholders that carried out in 28/10/2019 according to Articles no. (55), of the Listing Rules, Article no. (74) of its Executive Regulations, concerning the voluntary de-listing.