Commercial International Bank Egypt SAE (COMI.CA)
7 Dec 2016
* Board approves issued and paid-up capital increase to EGP 11.62 billion from EGP 11.54 billion Source:(http://bit.ly/2fgHyT3) Further company coverage:
* Q3 Consol Net Profit EGP 1.71 billion versus EGP 1.33 billion year ago
CAIRO/DUBAI, Nov 7 Egypt's stock market rose sharply for a third day on Monday in response to the devaluation of the Egyptian pound which has raised hopes for capital inflows, while higher oil prices boosted petrochemical shares in Saudi Arabia.
CAIRO Egypt's "historic" move to float its currency will help it achieve critical economic reforms and put the country back on the map for foreign investment, the chairman of Egypt's largest listed bank told Reuters on Thursday.
CAIRO, Sept 7 Egypt's largest listed bank, Commercial International Bank, has tightened limits on pound-linked debit cards used overseas for the third time in six weeks as the country grapples with a shortage of dollars.
DUBAI, Aug 17 Most Middle Eastern stock markets fell on Wednesday with Saudi Arabia hit by a broad sell-off, but support for Qatar persisted on expectations of fund inflows when index compiler FTSE includes it in its emerging market index next month.
* FTSE announces criteria for including Qatari stocks in index
* Bank shares weigh on Saudi but petrochemical sector resilient
DUBAI, Aug 11 Egyptian stocks rose on Thursday after Cairo and the IMF said they had agreed on a $12 billion loan, while major Gulf bourses pulled back and Saudi Arabia fell despite news that foreign investment curbs would be eased sooner than expected.
DUBAI, July 28 Egypt's largest bank helped carry the stock market higher on Thursday after it posted strong quarterly earnings, while weak results from blue chips weighed on some Gulf bourses.