Egypt’s Suez Canal Bank elects new board
The general assembly of Egypt’s Suez Canal Bank has elected on Sunday a new board of directors for a three-year…
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AIB
Arab Investment Bank may become 3rd Egypt public bank to seek bourse listing
State-run Arab Investment Bank plans to float some of its shares on Egypt stock exchange, the bank’s chairman Hani…
Arab Investment Bank, IDB Unit launch Leasing Firm in Egypt
Egypt's Arab Investment Bank (AIB) and the private sector arm of the Islamic Development Bank will launch an…
Arab Investment Bank signs its First Financing Contract with SFD-Egypt
The Arab Investment Bank (AIB) has signed today its first financing contract with Egypt’s Social Fund for…
Arab International Bank Plans Offering Banking Services in EGP by Q1
The Arab International Bank (AIB) is aiming to start offering banking services in local currency (Egyptian pound)…
Arab Investment Bank Eyes EGP500mn SMEs Portfolio by 2014-End
Arab Investment Bank (AIB) is aiming boosting the finance of Small and Medium sized projects from EGP300 million to…
4 Egyptian Banks Agree to Raise Mobinil’s Loan to EGP1bn
National Bank of Egypt (NBE), Industrial Development and Workers bank (IDWB), Egyptian Gulf Bank (EGB), Blom bank…
AIB-Egypt Attains EGP89mn Profits, Allocates 2% for Slums
Arab Investment Bank of Egypt (AIB) Chairman Hani Seif El-Nasr said his bank attained EGP89 million before taxes…
Arab Investment Bank’s Capital Raises to EGP1bln and EGP5.09bln Deposits
Arab Investment Bank of Egypt (AIB)'s Extraordinary General Assembly approved to increase its issued capital to…
11 Egyptian Banks ink Protocol for Affordable Housing Initiative
Egypt's Mortgage Finance Fund signed today protocols of cooperation with 11 local banks to support low-income…
Arab Investment Bank Mulls Arranging EGP1 bln Syndicated Loan
Arab Investment Bank of Egypt (AIB) is considering to arrange an EGP one billion syndicated loan in favour of…
Banque Du Caire, 11 Banks Secure EGP3 bn Loan for Petroleum Sector
Banque Du Caire S.A.E. along with 11 banks signed on Monday financing contracts worth EGP3 billion (around $431…
Arab Investment Bank Eyes Capital Hike, 20% Growth by 2014-end
Arab Investment Bank of Egypt (AIB) is targeting a capital increase to EGP 1 billion besides a 20% growth in…
SAIB Says to Inject EGP1.54 bln in SMEs within 2014
Société Arabe Internationale de Banque (SAIB) is planning to inject new finances worth EGP 1.5 billion in the SMEs…
With Participation of 12 Banks, SAIB Leads Arrangement of EGPC’s EGP2bn Loan
Société Arabe Internationale de Banque (SAIB) has signed on Tuesday the long-awaited agreement to arrange, manage…
Ministers and Investors Confirmed for the 2013 Euromoney Egypt Conference
This month, the Egyptian Minister of Finance H.E. Dr. Ahmed Galal and the Minister of Tourism H.E. Hisham Zazou…
Arab International Bank’s Deposits Drop 44.5% In 2012
The Arab International Bank’s (AIB) deposits fell US$ 735.8 million (44.5%) to reach US$ 1.650 billion at the end…
Arab International Bank To Start Dealing In Egypt Pound In H2
The Arab International Bank (AIB) is in the final organizational stages to start conducting transactions in…
Faisal Contributes US$ 50 Mln To Islamic Segment Of Ethylene Loan
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), Banque Du Caire and Arab…
Arab Investment Bank Injects US$ 10 Mln To Petroleum Sector
The Arab Investment Bank (AIB) plans to inject Islamic loans of US$ 10 million to finance the petroleum sector in…
Arab Investment Bank Eyes Settling EGP 200 Mln Debts In Q4
The Arab Investment Bank (AIB) targets to reduce its non-performing loan portfolio by EGP 200 million in Q4 of 2012…
AIB Signed Debt Settlement Agreements Worth EGP 150 Mln In Q3
The Arab Investment Bank (AIB) has signed debt settlement agreements worth EGP 150 million with defaulting…
SODIC’s Kattameya Plaza Sales Hit EGP 120 Mln In 9 Months
Six of October Development & Investment Company - SODIC - (OCDI.CA) has reported total sales of…
AIB Provides SODIC With EGP 120 Mln Credit Facilities
The Arab Investment Bank (AIB) signed a contract with the Sixth of October for Real Estate Development Company…
Ethylene Loan Arrangers Signed Final Loan Agreement
A consortium composed of the National Bank of Egypt (NBE), Banque Misr, Banque Du Caire, Commercial International…
NBE Asks Banks To Contribute US$200 Mln To Loan For Ethylene
The National Bank of Egypt (NBE) plans to ask other banks to contribute US$ 200 million to the loan which will be…
Arab Investment Bank Awaits Board’s Approval To Lend SODIC
The Arab Investment Bank (AIB) awaits the approval of its board of directors over providing EGP 120 million loan to…
AIB’s Loan Portfolio Up To EGP 2.9 Bln In H1 2012
The Arab Investment Bank’s (AIB) loan portfolio rose by EGP 800 million, registering EGP 2.9 billion in the first…
AIB’s Deposits Up to EGP 3.5 Bln In H1 2012
The Arab Investment Bank’s (AIB) deposits reached EGP 3.5 billion at the end of the first half of 2012, up from EGP…
AIB’s Individual Loans Hit EGP 100 Mln In H1 2012
The Arab Investment Bank’s (AIB) individual loans registered EGP 100 million at the end of the first half of 2012.…
AIB Launches New Islamic Banking Products
The Arab Investment Bank (AIB) intends to expand in Islamic banking in the upcoming period through launching…
AIB To Conduct Egyptian-Currency Transactions By Jan. 2013
The Arab International Bank (AIB) targets to conduct Egyptian currency transactions by the beginning of the next…
CBE Approves The Launch Of AIB’s Shield Investment Fund
Arab Investment Bank (AIB) received the Central Bank of Egypt’s approval on launching Shield investment fund with…
Ben Youssef: Gamal Negm To Follow Hisham Ramez As Non-Executive Manager For AIB
Mohammed Ben Youssef, General Director of the Libyan Foreign Bank & Board Member of Arab International Bank,…