ArabFinance: Societe Arabe Internationale de Banque (SAIB) announced that its board of directors has approved to exit from Cairo National for Investment and Securities (KWIN), according to a filing to the Egyptian Exchange (EGX).

This decision comes in accordance with the provisions of Article 43 of the EGXs listing and delisting rules.

Established in 1976, SAIB Bank is engaged in the provision of retail, corporate, and investment banking products and services through a network of 21 branches located across Egypt and abroad. It also offers Islamic banking products and solutions through its branches.

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