{"id":596368,"date":"2019-08-26T04:00:09","date_gmt":"2019-08-26T04:00:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/marakez-gets-egp-1-5-bn-loan-from-5-banks-to-build-katameya-mall\/"},"modified":"2019-08-26T04:00:09","modified_gmt":"2019-08-26T04:00:09","slug":"marakez-gets-egp-1-5-bn-loan-from-5-banks-to-build-katameya-mall","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/marakez-gets-egp-1-5-bn-loan-from-5-banks-to-build-katameya-mall\/","title":{"rendered":"Marakez gets EGP 1.5 bn loan from 5 banks to build Katameya mall"},"content":{"rendered":"

Real estate developer Marakez has agreed a EGP 1.5 bn syndicated loan with five banks to build a mall in Katameya, banking officials told Al Shorouk<\/a>. Banque Misr was the lead arranger of the loan, with Banque du Caire, CIB, the Arab African International Bank, and Misr Iran Development Bank also contributing.<\/p>\n","protected":false},"excerpt":{"rendered":"

Real estate developer Marakez has agreed a EGP 1.5 bn syndicated loan with five banks to build a mall in Katameya, banking officials told Al Shorouk. Banque Misr was the lead arranger of the loan, with Banque du Caire, CIB, the Arab African International Bank, and Misr Iran Development Bank also contributing.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[430,2372,726,576,240,7106,72,895,3795],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596368","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-arab-african-international-bank","tag-banking-finance","tag-banque-du-caire","tag-banque-misr","tag-cib","tag-debt","tag-enterpriseam","tag-marakez","tag-misr-iran-development-bank","wpautop","entry"],"acf":{"mongo_id":"295b293b-907a-459b-832b-4bd9d61a2fc4","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[596340],"teaser":"","voice_url":""},"yoast_head":"\nMarakez gets EGP 1.5 bn loan from 5 banks to build Katameya mall - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/marakez-gets-egp-1-5-bn-loan-from-5-banks-to-build-katameya-mall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marakez gets EGP 1.5 bn loan from 5 banks to build Katameya mall\" \/>\n<meta property=\"og:description\" content=\"Real estate developer Marakez has agreed a EGP 1.5 bn syndicated loan with five banks to build a mall in Katameya, banking officials told Al Shorouk. 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Each of Banque Misr, Banque du Caire (BdC), an the Arab African International Bank contributed an equal share of the\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593781,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/09\/banque-misr-mulls-usd-300-mn-loan-to-dp-world-for-ain-sokhna-port-expansion\/","url_meta":{"origin":596368,"position":2},"title":"Banque Misr mulls USD 300 mn loan to DP World for Ain Sokhna port expansion","author":"enterpriseam admin","date":"9 October 2019","format":false,"excerpt":"Banque Misr could extend a seven-year, USD 300 mn loan to the UAE\u2019s DP World to part-fund the expansion of its Ain Sokhna port, an official source told Masrawy. The bank has invited other banks to join in on the loan, including the National Bank of Egypt, Banque du Caire,\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573235,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/nbe-manages-egp-3-5-bn-joint-loan-for-ezz-steel\/","url_meta":{"origin":596368,"position":3},"title":"NBE manages EGP 3.5 bn joint loan for Ezz Steel","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"The National Bank of Egypt (NBE) is managing a EGP 3.5 bn joint loan for the Ezz Steel Group to increase its working capital, Al Shorouk reports, citing unnamed informed sources. NBE, the AAIB, Banque Misr and Banque du Caire are all participating in the loan. The steel company is\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596797,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/nacc-begins-talks-with-major-banks-for-egp-20-bn-financing\/","url_meta":{"origin":596368,"position":4},"title":"NACC begins talks with major banks for EGP 20 bn financing","author":"enterpriseam admin","date":"8 July 2019","format":false,"excerpt":"The New Administrative Capital Company (NACC) has begun preliminary talks with a number of local banks to secure EGP 20 bn in financing for infrastructure works and various investment plans, sources told Al Mal. The National Bank of Egypt, Banque Misr, the Arab African International Bank, and CIB are all\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560287,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/also-on-our-radar-on-22-february-2021\/","url_meta":{"origin":596368,"position":5},"title":"Also on our radar on 22 February 2021","author":"enterpriseam admin","date":"22 February 2021","format":false,"excerpt":"The Suez Canal Authority (SCA) is borrowing USD 100 mn from a syndicate of four local banks to finance ongoing projects, Al Mal reports, citing unnamed sources. 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