Ahli United Bank launches new initiative to promote Egypt exports
Ahli United Bank – Egypt, part of Bahraini Ahli United Bank Group, has launched late Saturday a new initiative to…
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AUB
Ahli United Bank Grants EGP15bn Letters of Credit in 10 Months
In 10 months, Ahli United Bank (AUB) granted an EGP14-15 billion worth of letters of credit to support Egypt’s…
Alhi United Bank Eyes to Open EGP10bln Letters of Credit for 2 Sectors
Alhi United Bank (AUB) is aiming to open letters of Credit worth EGP10 billion in petroleum and food sectors…
Egyptian Gulf Bank Considers Pumping EGP120mn in NPSS’s Loan
Egyptian Gulf Bank (EGB) is considering contributing in National Port Said Steel Company (NPSS) loan with stake…
Ahli United Bank Opens EGP1.5bn Letters of Credit for Petroleum Sector
Ahli United Bank (AUB) has opened letters of credit worth EGP1.5 billion within the first 8 months of the current…
Ahli United Bank’s Credit Portfolio is EGP11 billion
An official source in Ahli United Bank (AUB) said the bank's volume of credit portfolio increased to EGP11 billion…
AUB Says Retail Portfolio May Hit EGP450mn by June-End
Head of the Retail Banking division at Ahli United Bank (AUB) Ashraf Shabib expected that the retail banking…
Bahrain’s Ahli United Bank Considers Sale or Merger: Sources
Ahli United Bank (AUB) AUBB.BH, Bahrain's largest lender, is evaluating a sale or a merger with a rival bank in a…
AUB: Mortgage Loan Portfolio Hits EGP60 Million at 2013-end
Ahli United Bank S.A.E. (AUB) registered mortgage loan portfolio totaled 60 million Egyptian pounds by the end of…
AUB: Total Finances for Tourism Sector Hit EGP2 bln in 2013
In 2013, Ahli United Bank – Egypt (AUB) granted the country’s tourism sector total finances amounting to EGP 2…
Linatel Due to Receive AUB’S EGP5 mln Loan by Mid-Jan
As pursuant to a protocol worth EGP 150 million with Egypt’s Information Technology Industry Development Agency…
Food Sector Captures Lion’s Share of AUB’s Total Letters of Credit in 2013
During 2013, Ahli United Bank (AUB) has opened letters of credit in the amount of US $ 2 billion in favor of the…
Ahli United Bank Egypt: Q3 Consolidated Profits Grow by 33.3%
Ahli United Bank S.A.E. (AUB) has reported on Sunday consolidated profits of EGP 253.6 million at the end of last…
AUB’s Alpha Fund Ends Undersubscribed
Ahli United Bank’s Alpha Fund ended yesterday undersubscribed as it had not met the initial capital of EGP 25…
AUB’s Alpha Fund Subscription To Start Tomorrow
The subscription of Ahli United Bank’s Alpha Fund will start tomorrow on 24th December after the bank received the…
Ahli United Bank Receives CBE’s Approval To Launch 5 Branches In 2013
Ahli United Bank – Egypt has received an approval from the Central Bank of Egypt (CBE) to launch five new branches…
Ahli United Bank Reports 5.1% Rise In H1/2012 Profit To $169.9m
Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of $169.9m for the half…
Dina Farms Receives Further Credit Facilities Of EGP 92 million
Dina for Agricultural Investments SAE (Dina Farms) has received EGP 92 million credit facilities from banks that…
AUB Offers Short-Term Deposit With 10% Annual Return
The Ahli United Bank (AUB) offers short-term deposit with a term of 15 months and annual return of 10%, said Ashraf…
AUB’s Alpha Fund Is Open For Subscription By August
The Ahli United Bank (AUB) will open its Alpha investment fund, which invests in securities, for subscription by…
AUB Named “Best Bank In The Middle East” By Euromoney
Ahli United Bank has been named "Best Bank in the Middle East" by leading international finance magazine Euromoney.…
Egypt’s MB Drafts Code To Boost Islamic Banks
The political party of Egypt's Muslim Brotherhood, which has the biggest bloc in parliament, is proposing changes…
Citadel Capital Reafirms $2.6 Bln ERC Debt Package
Citadel Capital (CCAP.CA) disclosed today that lenders have signed amended documentation reaffirming that a US$ 2.6…
AUB Receives Final Approval On Alpha Fund To Be Launched Next July
Ahli United Bank (AUB) has received the final approval of Egyptian Financial Supervisory Authority last Thursday on…
AUB: Second Stage Of IPO Starts Today
Ahli United Bank has launched today an initial public offering (IPO) of the 259946 shares which were unsubscribed…
AUB Reduces Returns on 3, 5-Yr Certificates Of Deposit To 11.5%, 11.25%
Ahli United Bank (AUB) decided to reduce the quarterly return and half-annual return on its 3-year certificates of…
AUB Officially Requests EFSA’s Approval On Alpha Fund Next Week
Ahli United Bank (AUB) prepared final documents of “Alpha” investment fund to be sent to Egyptian Financial…
AUB’s Alpha Mutual Fund is Approved By EFSA
Egyptian Financial Supervisory Authority (EFSA) has initially approved "Alpha" Fund to be launched by Ahli United…