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Tag: #Arab Investment Bank

Credit Agricole increases stake in Egyptian subsidiary

Crédit Agricole Group acquired 60 million additional shares in its Egyptian unit Crédit Agricole Egypt, taking shareholding to 52.185% stake from 47.385%. “This bears witness...

Egypt’s cabinet approves listing of army companies Wataniya and Safi

Egypt’s cabinet approved the pre-listing procedures for military companies, petrol stations operator Wataniya Petroleum and water company National Company for Producing and Bottling Water...

Arab Investment Bank (aiBank) appoints new CEO and Managing Director

Tamer Adel Seif El-Din assumed the position of CEO and Managing Director of the Arab Investment Bank (aiBANK) as of January 2022. The appointment came...

EFG Hermes Holding concludes aiBANK acquisition

EFG Hermes Holding informed shareholders that it has completed its transformation into an Egyptian universal bank with a market-leading frontier emerging markets (FEM) investment...

Arab Investment Bank selects Temenos to drive digital growth and financial inclusion

Temenos, the banking software company today announced that Arab Investment Bank has selected Temenos to power its digital customer experience. Arab Investment Bank chose...