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.