AAIB Launches ‘Sustainable Foundation’ to Support Micro Finance and Entrepreneurship
Arab African International Bank (AAIB) is planning to launch ‘sustainable foundation’ in cooperation with United…
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Arab African International Bank (AAIB)
Arab African International Bank is a Joint Venture between the Central Bank of Egypt (CBE) and Kuwait Investment Authority (KIA). With each party holding a 49.37% stake, the Central Bank of Egypt and the Kuwait Investment Authority are the core of AAIB’s shareholder base.
Blom Egypt Joins Banking Consortium in KIMA’s Loan
Blom Bank Egypt has agreed to join the bank consortium to provide the Egyptian Chemical Industries Company (KIMA)…
Supplementary Agreement on Al-Futtaim’s EGP2bn Loan to Be Signed Next Jan.
In a new recent development regarding EGP 2 billion loan for Al-Futtaim Commercial & Administrative Centers SAE…
SODIC Inks EGP900 Mln Syndicated Medium Term Facility to Finance SODIC West
Sixth of October Development & Investment Co. (SODIC) (OCDI.CA) announced that it has signed a syndicated…
AAIB Inks 2 Financing Contracts worth EGP1.2 bln for Contact Group
The Arab African International Bank (AAIB) has signed today a Memorandum of Information with Contact Securitization…
SODIC Says to Sign EGP1.1 bln Definitive Loan Deal at November-End
Six of October Development & Investment SODIC - (OCDI.CA), the leading Egyptian real estate developer, said it…
Palm Hills Development’s Subscription Rights Begin Trading Today Till Dec. 2
Subscription rights of property developer Palm Hills Development (PHD) (PHDC.CA) started trading today, November 4…
5 Banks to Meet Today to Discuss AFGRE’s Cairo Festival City Loan
In a new recent development regarding Al-Futtaim Group Real Estate (AFGRE)'s EGP 2 billion loan – the 5 loan…
EFG-Hermes, Pioneers to Manage Palm Hills’ Secondary Offering
Palm Hills Development (PHD) announced that a secondary offering will be launched on November 4 to increase capital…
5 Banks Complete Final Terms to Fund Al-Futtaim’s Cairo Festival City Project
In a new development regarding UAE-based Al-Futtaim Group Real Estate (AFGRE)'s EGP 2 billion loan – 5 banks…