{"id":622621,"date":"2018-10-08T04:03:43","date_gmt":"2018-10-08T04:03:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/local-banks-including-banque-misr-to-provide-egp-3-bn-for-new-shopping-mall-in-the-fifth-settlement\/"},"modified":"2018-10-08T04:03:43","modified_gmt":"2018-10-08T04:03:43","slug":"local-banks-including-banque-misr-to-provide-egp-3-bn-for-new-shopping-mall-in-the-fifth-settlement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/local-banks-including-banque-misr-to-provide-egp-3-bn-for-new-shopping-mall-in-the-fifth-settlement\/","title":{"rendered":"Local banks including Banque Misr to provide EGP 3 bn for new shopping mall in the Fifth Settlement"},"content":{"rendered":"<p>A number of local banks, including Banque Misr, are reportedly arranging a EGP 3 bn that will be used by a major Saudi developer to build a EGP 6 bn shopping mall in New Cairo, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1330453\">sources tell Al Masry Al Youm<\/a>. The developer, who they refused to name, will supply the balance. No other details were provided.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A number of local banks, including Banque Misr, are reportedly arranging a EGP 3 bn that will be used by a major Saudi developer to build a EGP 6 bn shopping mall in New Cairo, sources tell Al Masry Al Youm. The developer, who they refused to name, will supply the balance. No other details [&hellip;]<\/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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622621","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"83fc1419-5a1a-49fd-9901-fb4cc663603c","order":"0","is_powered_by":true,"section_story_id":"68236155-0c1d-4f5d-9186-0929db1911a6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622584],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Local banks including Banque Misr to provide EGP 3 bn for new shopping mall in the Fifth Settlement - 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\/2018\/10\/08\/local-banks-including-banque-misr-to-provide-egp-3-bn-for-new-shopping-mall-in-the-fifth-settlement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Local banks including Banque Misr to provide EGP 3 bn for new shopping mall in the Fifth Settlement\" \/>\n<meta property=\"og:description\" content=\"A number of local banks, including Banque Misr, are reportedly arranging a EGP 3 bn that will be used by a major Saudi developer to build a EGP 6 bn shopping mall in New Cairo, sources tell Al Masry Al Youm. The developer, who they refused to name, will supply the balance. 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The lending banks are Banque Misr, Banque du Caire, the Arab African International Bank, Misr Iran Development Bank,\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":573617,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/marakez-signs-egp-670-loan-agreement-with-local-banks-for-mall-of-katameya\/","url_meta":{"origin":622621,"position":2},"title":"Marakez signs EGP 670 loan agreement with local banks for Mall of Katameya","author":"enterpriseam admin","date":"11 August 2020","format":false,"excerpt":"Fawaz AlHokair Group\u2019s mall development company Marakez has signed a EGP 670 mn syndicated loan agreement with local banks to finance phase two of Mall of Katameya in east Cairo. Each of Banque Misr, Banque du Caire (BdC), an the Arab African International Bank contributed an equal share of the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":596234,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/al-marasem-eyes-banque-misr-to-become-lead-arranger-for-egp-2-bn-islamic-loan\/","url_meta":{"origin":622621,"position":3},"title":"Al Marasem eyes Banque Misr to become lead arranger for EGP 2 bn Islamic loan","author":"enterpriseam admin","date":"21 August 2019","format":false,"excerpt":"Real estate player Al Marasem International is in talks with Banque Misr to have it act as the lead arranger for a EGP 1.5-2 bn Islamic loan to fund its work in the new administrative capital, banking sources said, according to Al Mal. The state-owned bank approached a number of\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":576459,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/whos-in-the-market-for-debt-remco-hd-leasing-el-nasr-auto-marsa-alam-for-tourism-development\/","url_meta":{"origin":622621,"position":4},"title":"Who\u2019s in the market for debt? 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Banque Misr is joining several other unnamed banks and leasing companies\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":622621,"position":5},"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. 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