Saudi Investment Bank posts SAR 1.76 bln net profit in ’23
The Saudi Investment Bank (SAIB) reported a net profit of 1.76 billion Saudi riyal (about $469,3 million) in 2023,…
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SAIB
Egypt’s SAIB bank records net profit $16 million
Egypt’s Societe Arab Internationale de Banque (Saib) reported on Thursday that its net profit recorded about 306…
Egypt’s SAIB bank pays $40 mln debt to China Development Bank
Egypt’s Societe Arab Internationale de Banque paid back $40 million of debt to the China Development Bank (CDB) in…
MSMEDA eyes EGP300mln funding agreements with SAIB, Banque Du Caire
Micro, Small and Medium Enterprises Development Agency (MSMEDA) is seeking to sign two micro finance agreements of…
MSMEDA, SAIB negotiate new contracts worth EGP100mln
Societe Arabe Internationale De Banque - SAIB is negotiating with the Micro, Small and Medium Enterprises…
Egypt’s SAIB Bank net profit falls to $5.3 million in Q3
Third-quarter net profit of Societe Arabe Internationale de Banque (SAIB), the first joint Arab Bank working in…
SAIB-Egypt bank H1 profits fall 24%
Egypt’s Societe Arab Internationale de Banque (SAIB) reported a 24 percent fall in its first half profits between…
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…
Consortium plans EGP13.5 bln loan for Egypt Petroleum Corp
A consortium of nine Egyptian banks is set to secure 13.5 billion Egyptian pounds ($745.8 million) to finance the…
SAIB Bank removes curbs on Egyptians’ use of credit cards abroad
Egypt's Societe Arab Internationale de Banque (SAIB) has removed Sunday all the curbs imposed on the Egyptians’ use…
Egypt’s SAIB bank issues savings certificates with interest rate of 15%
Egypt's Societe Arab Internationale de Banque (SAIB) is issuing five-year savings certificates with an interest…
SAIB inks $11.26 mln to finance Egyptian micro-sized projects
Societe Arabe Internationale de Banque (SAIB) has signed Thursday a new financing contract with Egypt’s Social Fund…
NBE to Ink EGP250mn Contract with SFD to Finance Small Projects Tomorrow
National Bank of Egypt (NBE) will sign tomorrow a contract with Social Fund for Development (SFD) worth EGP250…
SFD-Egypt Pumps EGP1.3bn Finance for Small Projects in 9 Months
Social Fund for Development (SFD) pumped EGP1.3 billion finance for small projects in the first 9 months of this…
SAIB, SFD to Ink EGP60mn Contract to Fund Small Projects Next Month
Société Arabe Internationale de Banque (SAIB) is set to sign a financing contract next month with the Social Fund…
East Delta Electricity Company Studies 3 New Funding Bids
East Delta Electricity Production Company (EDEPCO) is holding next month its annual meeting to discuss three offers…
SAIB in Talks with Palm Hills’ Loan Arrangers over EGP200mn Stake
Société Arabe Internationale de Banque (SAIB) is currently negotiating with the arranged banks for Egypt-based real…
NBE, Banque Misr Join AAIB in Marketing Palm Hills’ EGP2.6bn Loan
National Bank of Egypt (NBE), Banque Misr and Arab African International Bank (AAIB) started marketing Palm Hills…
13 Banks Ink Islamic Finance Deal for Egypt’s Noran Sugar Today
Today, 13 banks are due to sign an EGP1.5 billion definitive Islamic finance agreement to go for Noran Sugar…
Arab Investment Bank Mulls Arranging EGP1 bln Syndicated Loan
Arab Investment Bank of Egypt (AIB) is considering to arrange an EGP one billion syndicated loan in favour of…
Banque Du Caire, 11 Banks Secure EGP3 bn Loan for Petroleum Sector
Banque Du Caire S.A.E. along with 11 banks signed on Monday financing contracts worth EGP3 billion (around $431…
SAIB Eyes to Apply Internet Banking Service this Year
Société Arabe Internationale de Banque (SAIB) is aiming applying Internet Banking service for the customers within…
SAIB Says to Inject EGP1.54 bln in SMEs within 2014
Société Arabe Internationale de Banque (SAIB) is planning to inject new finances worth EGP 1.5 billion in the SMEs…
With Participation of 12 Banks, SAIB Leads Arrangement of EGPC’s EGP2bn Loan
Société Arabe Internationale de Banque (SAIB) has signed on Tuesday the long-awaited agreement to arrange, manage…
Blom Egypt Joins Banking Consortium in KIMA’s Loan
Blom Bank Egypt has agreed to join the bank consortium to provide the Egyptian Chemical Industries Company (KIMA)…
EGB, SAIB Retreat from Arranging EGP400 mln Tag Sultan Loan
The Egyptian Gulf Bank (EGB) and the Société Arabe Internationale de Banque (SAIB) have decided to back away from…
SAIB Pumps EGP200 mln in MAF’s Mall of Egypt Loan
Société Arabe Internationale de Banque (SAIB) has pumped on Sunday EGP 200 million as pursuant to the Dubai-based…
Egypt’s SAIB: Q3 Profits Grow by 6%
Egypt-based Société Arabe Internationale de Banque (SAIB) has announced on Monday that the bank’s profits surged by…
Banks allocate EGP200mln for slums development in 15 zones
Restoring stability ticket to regaining investor confidence Banks prove able to grapple with crises as Gulf aid…
NBE Eyes Arranging EGP10 bln Syndicated Loans in FY13/14
The National Bank of Egypt (NBE) is planning to arrange syndicated loans totaled EGP 10 billion within the current…
SAIB : Total Individuals’ Funds Hit EGP 540 Mln
The total value funding in Societe Arabe Internationale De Banque (SAIB) reached EGP 540 million by the end of June…
NBE, 5 Banks To Grant Semaf € 96 Mln This June
As being the main loan arranger, the National Bank of Egypt (NBE) is planning to grant the railway equipment…
3 Banks Consider Contributing To Petroleum Marine Loan
The Egyptian Gulf Bank (EGB), Banque Misr and Export Development Bank of Egypt study the possibility of…
SAIB Asks Banks To Contribute To Petroleum Marine Loan
Société Arabe Internationale de Banque (SAIB) has started to ask other banks to contribute to the US$ 50 million…
SAIB Rebuts News On Cancelling EGP 2 Bln Bonds Issue
Société Arabe Internationale de Banque (SAIB) has denied that it cancelled issuing bonds worth EGP 2 billion this…
9 Banks Contribute To US$ 1.250 Bln Loan For Ethydco
Nine banks approved to contribute to the US$ 1.250 billion loan arranged by the National Bank of Egypt (NBE),…
SAIB Withdraws From Consortium Financing Egyptian Steel Group
Société Arabe Internationale de Banque (SAIB) withdrew from the consortium arranging EGP EGP 1.07 billion loan for…
SAIB Distributes US$12.375 Mln To Shareholders
Société Arabe Internationale de Banque’s (SAIB) Ordinary General Assembly approved to distribute US$ 12.375 million…
7 Banks To Contribute US$ 305 Mln To Ethylene Loan: Sources
Seven banks are set to contribute US$ 305 million to the US$ 1.250 billion loan arranged by the National Bank of…
5 Banks To Sign Finance Agreement With Egyptian Steel Group Next February
Société Arabe Internationale de Banque (SAIB), United Bank and Egyptian Arab Land Bank (EALB) have approved to…