Arab International Bank

Arab International Bank

A bank in Egypt. It provides a full spectrum of retail banking services, primarily for export industries, notably natural gas, oil, pharmaceuticals, telecommunications, and tourism. It was established in 1974. See also: Arab-African International Bank.
References in periodicals archive ?
The ceremony was attended by a large number of officials of the banking and financial sector, spearheaded by CBE Governor Tarek Amer; Hisham Ezz Al-Arab, head of the Federation of Egyptian Banks and chairperson of CIB; Hisham Ramez, chairperson of Arab International Bank and former CBE governor; former CBE governor Farouk El-Okda; Sahar Nasr, minister of investment and international cooperation; and a large number of banks, stock exchanges and financial institutions' officials.
MANAMA: Alubaf Arab International Bank recorded a net profit of $10.
Suez Canal Bank's new board will include Mohab Mamish as a representative of the staff of the Suez Canal Authority, along with representatives of the employees of the Arab Contractors company, the Arab International Bank and the Libyan Foreign Bank.
This US$170 million syndicated loan includes a US$25 million Islamic finance tranche provided by the Islamic Corporation for the Development of the Private Sector (ICD - a member of the Islamic Development Bank) and is the first EBRD joint project with ICD and the Arab International Bank (AIB).
Monsef Ali, CIO at Arab International Bank declared that in the search for differentiation through systems upgrades, over and above the best-use of the product as a baseline demand, he is looking for the best reporting aspect on the product, to increase productivity for the customer.
Alubaf Arab International Bank reported a net profit growth of 21 per cent at $35.
Arab International Bank (AIB) benefits from strong ties with the GCC community-the Bank was established in 1974 through an agreement between Egypt, Libya, Oman, Qatar and the UAE.
The transaction participants also include Bank Alfalah Limited, United Bank Limited and Alubaf Arab International Bank.
E (CIB) on Monday announced that Essam El Wakil has been appointed as a board member and managing director at Arab International Bank, which means he will no longer serve as a non-executive board member for CIB.
5 per cent stake in Egypt's Arab International Bank, according to Zawya.
Summary: CAIRO:Egypt's Cabinet removed former prime minister Atef Obeid Thursday from his post as chairman of Arab International Bank (AIB), a specialized financial institution exempt from Egyptian banking regulations.
Full browser ?