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Infrastructure 
MNHD signs EGP 300 mn loan agreement with AAIB to finance Sarai project
Madinet Nasr Housing & Development (MNHD) has signed a EGP 300 mn short-term loan agreement with the Arab African International…
Marakez gets EGP 1.5 bn loan from 5 banks to build Katameya mall
Real estate developer Marakez has agreed a EGP 1.5 bn syndicated loan with five banks to build a mall in…
Three banks cover NUCA’s EGP 6 bn securitization bond tranche
Three local banks fully covered the EGP 6 bn of securitization bonds offered by the New Urban Communities Authority (NUCA)…
NACC begins talks with major banks for EGP 20 bn financing
The New Administrative Capital Company (NACC) has begun preliminary talks with a number of local banks to secure EGP 20…
NUCA agrees with Egyptian banks on EGP 6 bn loan
The New Urban Communities Authority (NUCA) has agreed with a banking consortium on a EGP 6 bn loan to meet…
CIB, AAIB to arrange EGP 1.7 bn for Wadi Degla Holdings
Wadi Degla Holdings has reached an agreement with CIB and the Arab African International Bank to arrange a EGP 1.7…
Egypt’s NUCA names managers of planned EGP 10 bn bond securitization
The New Urban Communities Authority has selected EFG Hermes, CIB, National Bank of Egypt, and Arab African International Bank to…
Sherif Elwy selected as CEO of Arab African International Bank
MOVES- Sherif Elwy (bio) was reportedly named CEO and managing director of Arab African International Bank, replacing Hassan Abdalla, an…
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