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Arab African International Bank (AAIB) is an institution that was established in 1964 as a partnership between the Egyptian government and the State of Kuwait, using Egypt's wealth and the broader Middle East and North Africa region as a foundation.
President Gamal Abdel Nasser of Egypt and Sheikh Jaber Al-Ahmad Al-Sabah, the former Crown Prince of Kuwait, signed a treaty that led to the establishment of AAIB as the first multinational Arab bank in Egypt. This joint investment was created through a special law between the Central Bank of Egypt and the General Authority for Investment in Kuwait, with each holding a 49.37% stake.
AAIB has succeeded in fulfilling its mission to become one of the leading financial groups in Egypt, offering innovative services with a strong regional presence. By 2004, AAIB was the fastest-growing bank in Egypt in terms of size and profitability.
As part of its growth strategy, AAIB established Arab African Investment Holding (AAIH) in 2006 as its financial arm in the market. AAIH provides integrated financial services to clients, ranging from asset management through Arab African Investment Management (AAIM) to securities brokerage through Arab African International Securities (AAIS).