City Edge seeks EGP 1.2 bn loan to develop Etapa Square

City Edge Developments is looking to borrow a combined EGP 1.2 bn from the National Bank of Egypt and Banque Misr to develop its Etapa Square project in Sheikh Zayed, which is expected to cost EGP 4 bn in total, CEO Mohamed Makkawy told Al Shorouk, without providing additional details.