Banking + Finance

Marakez gets EGP 1.5 bn loan from 5 banks to build Katameya mall

by enterpriseam adminEgypt Edition26 August 2019

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Real estate developer Marakez has agreed a EGP 1.5 bn syndicated loan with five banks to build a mall in Katameya, banking officials told Al Shorouk. Banque Misr was the lead arranger of the loan, with Banque du Caire, CIB, the Arab African International Bank, and Misr Iran Development Bank also contributing.

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Arab African International Bank BANKING + FINANCE Banque du Caire Banque Misr CIB debt Marakez Misr Iran Development Bank

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