Egypt’s third biggest state-run bank, Banque Du Caire takes part in arranging a multi-billion pound loan for …
Tag:
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.
-
-
Banks
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
by Yomna Yasserby Yomna YasserState-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds (US$1.26 …
-
Banks
Egypt’s electricity holding inks $525mn loan with Afreximbank, 9 banks today
by Yomna Yasserby Yomna YasserState-run Egyptian Electricity Holding Company (EEHC) is to sign Thursday a US$525-million funding contract with a banking …
-
Banks
Afreximbank, 8 Egyptian banks prep for US$525mn electricity loan
by Yomna Yasserby Yomna YasserA consortium of eight Egyptian banks in addition to the African Export-Import Bank (Afreximbank) is bracing for …
-
The Arab African International Bank seeks to divest real estate assets at value ranging between 8.5-9 million …
-
Banks
Siemens requesting Letters of Guarantees for Egypt Power Projects
by Yomna Yasserby Yomna YasserGerman industrial group Siemens is seeking to obtain letters of guarantee totalling €1.2 billion from Egyptian banks. …
-
German Siemens seeks to obtain a fund worth EGP 7 billion (US$917.3million) from a group of banks …
-
Banks
Arab African International Bank Wins a GOLDENSHEILD for Social Responsibility
by Yomna Yasserby Yomna YasserArab African International Bank (AAIB) has been honored and recognized from The Arab Organization for Social Responsibility …
-
Industry & Trade
Orascom Construction: Banks offer $1.95 billion for Egypt Power Station
by Yomna Yasserby Yomna YasserOrascom Construction intends to raise US$1.95 billion in syndicated loans which will be used for the $3 …
-
The Arab African International Bank (AAIB), an international bank based in Egypt, has recently completed its acquisition …