TMG: Talks Over EGP 1.2 Bln Loan Still Under Study
Responding to the Egyptian Exchange (EGX)’s inquiries, Talaat Moustafa Group (TMG) (TMGH.CA) asserted that it is…
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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.
Talaat Moustafa Group In Talks With AAIB Over EGP 1.2 Bln Loan
The Talaat Moustafa Group (TMG) Holding is conducting negotiations with a number of banks to receive a long-term…
KIMA To Sign USD444m Financing Facility This Month
Egyptian Chemical Industries (KGCH.CA), also referred to as KIMA , will sign a USD 444 million financing agreement…
AAIB Disbursed 111,000 Yellow Remittances Worth EGP 423 Mln
The Arab African International Bank (AAIB) disbursed EGP 423 million worth of yellow remittances in the fifth…
MOPCO Loan Arrangers May Reduce Finance By US$ 300 Mln
The National Bank of Egypt (NBE), Banque Misr and Arab African International Bank (AAIB) who are arranging a loan…
Electricity Sector’s Borrowings Unshaken By Frequent Power Outages: Bankers
A number of banking experts affirmed that the frequent power outages, that affected negatively most sectors in…
AAIB Offers Wallety Online Payment Solution
The Arab African International Bank (AAIB) launched Wallety Service, the recent online payment solution, offering…
East Delta Electricity Production Co. Receives 70% Of EGP 4.6 Bln Loan
Banks, arranging the EGP 4.6 billion loan for the East Delta Electricity Production Company, signed the contract…
AAIB’s Retail Loans Hit EGP 1.4 Bln In H1 2012
The Arab African International Bank’s (AAIB) portfolio of retail loans stood at EGP 1.4 billion at the end of the…
AAIB Disbursed 109,000 Yellow Remittances Worth EGP 419 Mln
The Arab African International Bank (AAIB) disbursed 109,000 yellow remittances worth EGP 419 million, said Ahmed…
