AAIB in Talks with UAE’s Al Ain Holding to Sell Stake in Palm Hills
A board member at Palm Hills denies that Yassin Mansour has any intention to sell a stake in Palm Hills.
SODIC Signs EGP 1.57 bn Long-Term Syndicated Facility with AAI & BM
SODIC signs of a long-term syndicated facility of EGP 1.57 bn, with Arab African International Bank (AAIB) and Banque Misr (BM) to finance the SODIC West project in West Cairo
SODIC Closes First Securitization Bond Issuance
SODIC for Securitization S.A.E, SODIC’s wholly-owned subsidiary, concludes successfully its first securitization transaction.
SODIC, AAIB Partner to Offer E-Payment Solutions to Clients
Sixth of October Development and Investment Company (SODIC) has signed a partnership agreement with Arab African International Bank (AAIB) to provide customers with e-payment solutions through the developer's offi ...
PHD Closes its Largest Securitization Transaction
Palm Hills Developments (PHD) has announced closing its fifth and largest securitization bond, in a transaction backed by a receivables portfolio of EGP 1.5 bn, and handled by the Arab African International Bank ( ...
AAIB, SODIC’s Unit Ink EGP 2.57 bn Credit Facility
Sixth of October for Development and Investment Company's (SODIC) subsidiary, Sixth of October Development and Real Estate Projects (SOREL), has signed an EGP 2.57 bn medium-term credit facility with the Arab Afri ...
Marakez Secures EGP 670 mn Loan for Mall of Katameya
Fawaz AlHokair Group’s mall development unit Marakez has signed an EGP 670 mn syndicated loan agreement with multiple local banks to finance the execution of phase II of east Cairo's Mall of Katameya.
PHD Secures EGP 365 mn Loan for Hacienda Bay
Palm Hills Developments (PHD) has inked an EGP 365 mn medium-term loan agreement with Arab African International Bank (AAIB) and Banque Misr to fund work at the former's North Coast project, or Hacienda Bay.
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 ...
Amer Group Offers New ‘Moneyback’ Method to Sell Units
Amer Group aims to sell its remaining units in eight projects through a new program called “Moneyback” that involves immediate handover and ownership of the units, while the cost will be paid off within 10 years, wit ...Page 1 of 1
