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Ora Developers is negotiating with six banks to borrow over EGP 1 bn to finance the first phase of its EGP 8 bn Zed project in Sheikh Zayed, CEO Haitham Abdel Azim tells Al Mal. The banks include CIB, the National Bank of Egypt, and Banque Misr.
Last summer, HSBC paid the CBE a EGP 1.4 bn…
Medium-term loans rose more than 1k% to EGP 22.6 bn…
Futures contracts will first debut on the EGX30 before eventually…
Former Jordanian Investment Minister Mothanna Gharaibeh will serve as chairman…
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