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News in Brief
Heritage

SAIB (Société Arabe Internationale de Banque) was established on the 21st of March 1976, was co-founded by the iconic economist and the ex-chairman Dr. Hassan Abbas Zaki, as the first joint Arab Bank working in Egypt to abide by the provisions of the investment law 43 of the year 1974, which was amended in accordance with the investment laws 230/1989 and 8/1997.

SAIB's issued and paid-up capital has increased from US$ 4 million dollars in 1978, to currently reach US$ 150 million dollars distributed over 15 million shares, par nominal value of US$ 10 dollars per share; while the authorized capital amounts to US$ 200 million dollars.
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