Cairo 3A looking for EGP 1 bn loan from Egyptian banks

Cairo 3A Poultry is in talks with local banks for a EGP 1 bn loan to finance its expansion plans once it finalizes the EGP 500 mn acquisition of Pyramid Poultry, sources close to the matter tell Al Mal. The banks include CIB, the Arab African International Bank, and an unnamed state-owned bank.