Egypt’s AAIB receives $10m to finance small projects
Egypt’s Arab African International Bank (AAIB) has signed on Sunday an agreement to receive 200 million Egyptian…
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Sherif Elwy
Egypt’s AAIB sign EBRD, AFD $30 mln green loan deals
Egypt’s Arab African International Bank (AAIB) signed on Tuesday loan agreements totalling $30 million with the…
Egypt’s AAIB bank net profit falls 2.4%, hit by tech-upgrade costs
Egypt's Arab African International Bank (AAIB) posted on Wednesday a 2.4 percent decline in first-half net profit…
AAIB bank completes the biggest securitization transaction in Egypt
Egypt’s Arab African International Bank (AAIB) said on Thursday it had completed a securitisation transaction worth…
Egypt names AAIB’s Hassan Abdalla as central bank senior aide governor: sources
Hassan Abdalla, chief executive of the Arab African International Bank (AAIB) has been appointed as the senior…
Egypt: 140 Central Bank, State-owned Banks’ Officials Recently Resign
In Egypt, around 140 officials of the central bank and other major state-owned banks; National Bank of Egypt,…
Arab Bank Opens its 31st Branch in Egypt
Arab Bank has recently inaugurated a new branch, located in Egypt’s Sixth of October City, increasing total number…
UAE’s Arabtec Eyes Partnership with Egypt’s NBE
The UAE’s real estate giant Arabtec is currently holding talks with the largest public bank in Egypt, National Bank…
Morsi’s Ouster Delays NBE’s Chairman Elections
Despite the fact that the deposed Mohamed Morsi's regime had conducted cabinet reshuffle and changed the governors;…
Sherif Elwy Likely To Resign From NBE, Join CIB: Sources
The National Bank of Egypt’s (NBE) deputy chairman Sherif Elwy will probably leave his position after the Prime…
NBE Renews Contracts For 154 Employees At Data Updating Unit
The chairman of the National Bank of Egypt (NBE) Tarek Amer agreed to renew employment contracts of 154 employees…
Yield On Egyptian Dollar CDs Hit US$ 6 Mln This Week
The yield on the Egyptian dollar certificates of deposit, launched by banks in seven Arab countries, reached US$ 6…
NBE Negotiates With Chinese Banks Over US$ 800 Mln Finance
The National Bank of Egypt (NBE) negotiates with China Development Bank (CDB) and the Export-Import Bank of China…