Amer Group subsidiary Delmar For Touristic Development signed a loan contract with Ahli United Bank for EGP 450 mn on Wednesday to finance the Porto Heliopolis project, the company said in an EGX filing (pdf). The project is the first integrated residential compound in the Heliopolis area, and is situated on 27k sqm directly overlooking El Thawra Street.
More from Enterprise
Egypt continues to issue LCs as usual
LCs continue to be processed — albeit after closer inspection…
EGX kicks off first day of futures trading on the EGX
The rollout includes 3- and 6-month future contracts tracking the…
Beltone to launch Fadda, Egypt’s first-ever silver investment fund
Good afternoon, friends, and (almost) Eid Mubarak. With Ramadan on…
How Egypt’s fintech players can own the digital Eidiya evolution
💸 Eid traditions in Egypt (and the region) have held…