Arab African International Bank’s 2017 profits rise to $260 mln in Egypt
Arab African International Bank’s (AAIB), an international bank based in Egypt, consolidated financial statements…
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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.
Misr insurance gets Arab African Bank initial approval to contribute by 49% in takaful…
Egypt's Misr Life Insurance has initially agreed with Arab African International Bank (AAIB) so that the…
Egypt’s AAIB bank signs EBRD $30 million SME financing deal
Egypt’s Arab African International Bank (AAIB) has signed Tuesday a $30 million financing contract with the…
Egypt’s AAIM posts 50% rise in AUMs this year
Egypt’s Arab African Investment Management (AAIM), part of the Arab African International Bank (AAIB), reported a…
AAIB bank, SANAD team up to launch microfinance firm in Egypt
Egypt’s Arab African International Bank (AAIB) and SANAD Fund for MSMEs, are joining to launch a microfinancing…
Banks offer €133 mln loan to Egypt’s Abu Abu Qir Fertilizers
Six banks are putting together a financing offer of €133 million ($158.7 million) for Egypt’s state-run major…
Four Egyptian banks on UAB list of top 1000 banks
The Union of Arab Banks (UAB) included four Egyptian banks to its annual Top 1000 World Banks ranking that released…
Pioneers Holding says to list 30% of property developer Rooya stake on Egypt bourse
Pioneers Holding, one of Egypt's largest financial services firms, will list 30 percent of its Rooya Real Estate…
Egyptian Electricity Holding to sign multi-billion pound loan deal this week
The state-run Egyptian Electricity Holding Co. will sign this week a syndicated loan deal worth 37.4 billion…
9 banks to fund Egypt coal power plant via 26.5bn pounds loan
A consortium of nine Egyptian banks has submitted the terms and conditions of arranging a syndicated loan to build…
