Arab Investment Bank

Egypt's Sovereign Fund, EFG Hermes sign agreements for acquiring 76% of Arab Investment Bank

Thu, 20 May 2021 - 12:53 GMT

The acquisition will be structured as a capital increase that will increase the paid-in capital of the Bank to LE 5 billion, making it compliant with the regulatory requirements of the Egyptian Banking Law.

Planning minister chairs AIBK general assembly meeting

Thu, 20 Sep 2018 - 10:11 GMT

The get-together comes upon Prime Minister Moustafa Madbouli's decision on authorizing the planning minister to preside over the bank's ordinary and extraordinary meetings.