14 banks among Egypt’s top taxpayers for this season: tax authority
For the current tax season 2015/2016, 14 banks came among Egypt’s top taxpayers, Osama Tawakol, head of the Large…
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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.
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…
Egypt to float stakes in state-run Banque du Caire, AAIB this year: c.bank chief
Egypt will float some shares of two state-run lenders on the Egyptian stock exchange this year, the central bank…
EXCLUSIVE: Who’s who Egypt bank CEOs likely to leave on 9-year term limit decree
The decision of Egypt's central bank on Thursday to set a 9-year term limit for all banks’ CEOs will force ten of…
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
10 banks to sign multi-billion Egyptian pounds loan for power projects today
A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…
Six banks to arrange $311mn loan for Egypt’s Food Industries Holding
Egypt’s third biggest state-run bank, Banque Du Caire takes part in arranging a multi-billion pound loan for the…
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
Egypt’s electricity holding inks $525mn loan with Afreximbank, 9 banks today
State-run Egyptian Electricity Holding Company (EEHC) is to sign Thursday a US$525-million funding contract with a…
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
A consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for…