CIB, AAIB studying new financing for Egypt’s Madinet Nasr Housing
Egypt’s largest listed lender, Commercial International Bank (CIB) along with the Arab African International Bank…
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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.
IFC approves $100 million loan for Egypt’s AAIB bank
The International Finance Corporation (IFC), a member of the World Bank Group, approves to provide Egypt’s Arab…
Egypt’s National Bank, AAIB agree on best-efforts syndication deal for Rooya
Egypt’s biggest bank, state-run National Bank of Egypt (NBE) and the Arab African International Bank (AAIB) agreed…
Dollar vs Egyptian pound at early interbank trade in 17 banks
The table below demonstrates the selling and buying prices of dollar against the Egyptian pound in 17 banks during…
Egyptian pound drops near 18 against U.S. dollar in interbank trade
The Egyptian pound further dropped to 18 to the U.S. dollar during interbank dealings on Monday as banks scrambled…
Dollar vs Egyptian pound at early interbank trade in 15 banks
The table below demonstrates the selling and buying prices of dollar against the Egyptian pound in 15 banks during…
Egypt pound vs dollar in interbank trade at 18 banks
US dollar traded to an average of 15 for buying and 15.65 for selling to Egyptian pound in interbank dealings on…
Dollar further fell against Egypt pound at early interbank trade
Dollar trade further dropped to an average below of 14 level for buying and below 16 for selling to Egyptian pound…
Dollar slips against Egypt pound at early interbank trade after IMF loan approval
Dollar trade fell to an average below of 16 level to Egyptian pound in four banks during early interbank dealings…
Dollar calms against Egypt pound following IMF $12 billion bailout approval
US dollar trade calmed significantly against Egyptian pound in 19 banks during interbank dealings in Egypt on…