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.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…