Al Ahly Capital in talks for USD 350 mn loan for Al Canal factory in Minya

Al Ahly Capital has been in talks with international organizations for a USD 350 mn loan to be used for the USD 1 bn Al Canal sugar beet processing factory in Minya, banking sources told Al Shorouk. UAE’s Al Ghurair and Murban signed in December a shareholder agreement with Al Ahly Capital for the factory.