Palm Hills, AAIB Conclude EGP 316 mn Discounting Transaction

Egypt-based Palm Hills Developments (PHD) and Arab African International Bank (AAIB) have successfully concluded discounting transaction of EGP 316 mn receivables portfolio linked with 181 delivered units at some ...

Real Estate Developer ARCO Obtains AAIB Loan

Egypt's real estate developer Al Arabia for Real Estate Development (ARCO) has succeeded in obtaining a new loan

SODIC, AAIB Sign Contract to Increase Credit Facility

Cairo-based real estate developer Sixth of October Development and Investment Company (SODIC) signs a new contract with Arab African International Bank (AAIB) to increase its credit facility amount, Invest-Gate reports.

SODIC Signs 1.3 bn Deal with AAIB to Finance SODIC West Project

Egypt’s real estate developer SODIC announces that it has signed a medium term facility package worth EGP 1.3 bn with the Arab African International Bank to expedite construction works at its mixed-use development in ...

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