Banking + Finance

Three banks to give Misr Italia EGP 650 syndicated loan

by enterpriseam adminEgypt Edition5 November 2019

Read Full Issue

Misr Italia Real Estate Group is set to receive a syndicated loan worth EGP 650 mn from Al Ahli Bank, Egyptian Gulf Bank, and Arab Investment Bank, according to the local press. The loan will be used to finance the construction of the Cairo Business Park project in New Cairo.

Related

Tags:

Arab Investment Bank BANKING + FINANCE EG Bank Finance Misr Italia Properties real estate

More from Enterprise

Banking

Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions

Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions

Israel’s Arkia shifts some flights to Egypt as airspace tightens…

Finance

Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance

Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance

Plus: Incolease taps securitization market with debut EGP 2 bn…

Capital Markets

Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on

Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on

PE and VC-backed companies were already pivoting to local exchanges…

Fintech

Telda moves into investing with zero-fee stock trading

Telda moves into investing with zero-fee stock trading

Telda claims users can sell a position and immediately spend…

Now Playing

Now Playing

00:00

00:00