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Tuesday, November 10 - 2009

Ahli United Bank Egypt to move to new headquarters

Ahli United Bank Egypt has held the inauguration ceremony for its new headquarters, located in the prestigious banking district of New Cairo.

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  • Ahli United Bank Egypt's new headquarters in New Cairo.
    Ahli United Bank Egypt's new headquarters in New Cairo.
Mr. Kamal Fahmy the President of the New Cairo Office, as well as Ahli United Bank (Egypt)'s top management team were in attendance to witness the inauguration of the Ground Breaking Ceremony on the land on which the new headquarters will be built.

"Ahli United Bank (Egypt) is growing rapidly and has decided to build a purpose built Head Office in New Cairo. This modern, dynamic building will reflect the type of business that we are intent on creating in Egypt. Our new head office will provide us with sufficient room to expand in line with our ambitions and provide advanced communications, security and other infrastructure necessary to operate in a fast changing international and domestic banking environment. New Cairo is a wonderful development and is an excellent location for our new building with good links to the rest of Cairo and very good infrastructure," said James Goold the CEO and Managing Director of Ahli United Bank (Egypt).

The new headquarters will be a state-of-the-art building with over 10,000 sq meters of office space. The intention is to create an iconic architectural landmark but one that is practical and efficient and offers all of the features required in a truly modern office building.
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Notes and media contacts

About Ahli United Bank (Egypt)

Ahli United Bank (Egypt) is a full-fledged commercial and investment banking institution. The bank provides a comprehensive array of financial products and services ranging from retail and corporate banking to treasury, wealth management, and offshore banking services.

The group traces its history to the incorporation of the United Bank of Kuwait in London in 1966, and the establishment of Ahli Commercial Bank B.S.C. in 1977 in Bahrain. The current Ahli United Bank Group was established in 2000 when the two banks merged to become subsidiaries of a single entity.

Today, Ahli United Bank is an internationally recognized financial institution, with interests across the Gulf States, Egypt, and the United Kingdom. The Bank has received numerous awards and accolades, and was named "Best Foreign Exchange Bank in the Middle East 2008 and 2007", "Best Emerging Market Bank in the Middle East 2008 and 2007" by Global Finance magazine, "Best Bank in the Middle East 2007" by Euromoney and also "Global Bank of the Year in the Middle East" by the Banker Magazine for 2006.

For further information please contact:

Salah El Din Aloui
Assistant Media Relations Manager
Media Relations
Tel: +2 02 3047215 - 17
Fax: +2 02 3047213
Mob: +2 012 39 79 586

Yasmine M.Tammam
Media Relation Executive
Promoseven Weber Shandwick
Tel : 3048560
Fax : 3047213
Mobile: 0101040529

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