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TAWASOA Factoring secures EGP 50M facilities from AAIB, Faisal Islamic Bank

TAWASOA for Factoring has signed two credit facility agreements worth a combined EGP 50 million with the Arab African International Bank (AAIB) and Faisal Islamic Bank of Egypt

Updated 8/3/2026 12:55:00 PM
AAIB reports solid financial results for 2025

Arab African International Bank (AAIB) reported strong financial results for the year ending December 31st, 2025, with profits and assets rising sharply despite a softer interest rate environment.

Updated 3/18/2026 9:27:00 AM
MSMEDA, AAIB sign EGP 150M financing agreement to back MSMEs in Egypt

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Arab African International Bank (AAIB) signed a contract worth EGP 150 million to finance mircro, small-, and medium-sized enterprises (MSMEs).

Updated 5/8/2025 6:47:00 AM
Egypt-based AAIB plans to launch services in Saudi Arabia

Arab African International Bank (AAIB) plans to establish a branch in Saudi Arabia to leverage Egyptian investors’ interest in the Saudi market

Updated 3/26/2025 10:23:00 AM
Tatweer Misr, AAIB sign EGP 3.5B facility to push pace of 2 projects

Tatweer Misr inked a medium-term facility contract worth EGP 3.5 billion with the Arab African International Bank (AAIB) to push the construction pace of IL Monte Galala in Ain Sokhna, and Bloomfields in Mostakbal City.

Updated 11/7/2023 11:17:00 AM