Arab-African International Bank

(redirected from Arab African International Bank)
Also found in: Acronyms.

Arab-African International Bank

A bank in Egypt. It promotes the increased use of retail banking among the Egyptian population and provides brokerage and investment services. It was established 1964 as a joint venture between the Central Bank of Egypt and the Kuwait Investment Authority.
Mentioned in ?
References in periodicals archive ?
Tamer Khalifa, Regional General Manager of Arab African International Bank (AAIB) also highlighted, "The Saudi German Hospital transaction is in line with AAIB's strategy to expand its regional footprint through partnering with key market players across all industries.
Capital Intelligence (CI), the international credit rating agency, has today downgraded Arab African International Bank (AAIB)'s Long-Term and Short-Term Foreign Currency Ratings to 'BB+' and 'B' respectively, from 'BBB-' and 'A3'.
Arab African International Bank (AAIB) has announced that it has launched new lending products.
Many bankers were optimistic of the effects of popular movements over the longer-term but Mahmoud Al Bouri, chairman of the Egypt-based Arab African International Bank based in Egypt, said emigration will go up.
Customers can also pay by debit cards via ATMs of National Bank of Egypt, Banque Misr, Banque Du Caire, Bank of Alexandria and Arab African International Bank.
24 November 2010 - Capital Intelligence changed yesterday to "stable" from "negative" the outlook on the BBB- financial strength rating (FSR) of Egypt-based Arab African International Bank (AAIB).
Arab African International Bank has agreed to provide an independent $ 70 million working capital facility.
The Underwriters were joined by Union National Bank as Mandated Lead Arranger and Arab African International Bank as Lead Arranger.
73 for selling at Banque Du Caire and the Arab African International Bank.
He added, during his participation in the conference held by the Arab African International Bank (AAIB) on Tuesday to honour the winning teams in the environmental initiative to maintain Egyptian shores within the "Make the Coast Magical" initiative in Egypt's North Coast, that the state will be working to attract the private sector to work within this initiative, stressing that the new system will include all the economic and financial studies through which good feasibility and return could be achieved for the companies contributing to the system.
RFP - Request for Proposals will be available in hard copy from NREA premises or by E- mail as electronic format starting 12/ 24/ 2012 against Euro 500 for each piece of land, to be deposited at NREA account as follows: Bank Name : Arab African International Bank, Cairo.
KW), Kuwait's biggest investment bank, has said that it has made a KWD200,000 (USD694,444) profit from selling stake in its real-estate finance unit, Real Estate Finance Co, in Egypt to Arab African International Bank.

Full browser ?