Commercial International Bank (CIB) approved an additional two-week extension for Beltone Financial offer to acquire its subsidiary CI Capital , starting from 26 May until 9 June, CIB said in a statement on Monday. In February, CIB signed a deal to sell its investment bank CI Capital to Beltone, for EGP924mn (USD104mn), but the deal has stalled pending approval from Egyptian regulators. Sawiris said at the time he planned to merge CI Capital with Beltone Financial, which OTMT bought last year, to create one of Egypt's largest investment firms, but the deal has faced a series of delays. Earlier, the Egyptian Financial Supervisory Authority (EFSA) said in a statement in April that the deal was delayed pending the resolution of a court case and other issues, including a violation by Sawiris of pre-existing pledges to the EFSA. (Amwal Al Ghad)   CIB: EGP42.06 as of 30 May 2016, Rating: Neutral, FV: EGP46.38 per share, MCap: USD5,465 million, COMI EY / COMI.CA