EKH looking for loan to help fund EGP 2.1 bn fiberboard factory

Egypt Kuwait Holding (EKH) is looking for a loan to partially fund the EGP 2.1 bn medium-density fiberboard (MDF) factory in Beni Suef, Investor Relations Director Haitham Abdel Moneim tells Al Mal. EKH is in talks with foreign and local lenders for the loan. A financing structure for the project is currently being worked out, with the company not ruling out the possibility of bringing on a foreign lender as a partner in the project, he added.