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News


(2015-12-20) CIB accepts Orascom Telecom offer for investment banking arm
Commercial International Bank (CIB) (COMI) said on Thursday it had accepted a 1-billion-Egyptian-pound ($127.71 million) offer from Orascom Telecom (OTMT) to buy its investment banking arm CI Capital. CIB, Egypt's largest listed company, made the announcement in a statement on the stock exchange website