Palm Hills Closes EGP 638 Mn Securitization
Al Baraka Bank was the only named subscriber to have bought into the issuance.
Inertia Pens EGP 850 mn Bridge Loan with Banque Misr & Banque Du Caire for Jefaira Project
This financing will support the company’s plans in increasing the construction work in Jefaira, which is strategically located on the Mediterranean Sea.
Tatweer Misr Secures EGP 240 mn Bridge Loan
Tatweer Misr secures a bridge loan of EGP 240 mn from Arab African International Bank (AAIB) to finance the construction of the Bloomfields Mostakbal City and Monte Galala projects, Invest-Gate reports.
Mai Abdel Hamid Reviews SHMFF’s Achievements
During her participation at the economic conference" People and Banks", Head of Social Housing and Mortgage Finance Fund (SHMFF) Mai Abdel Hamid reviews the fund's achievements in several fields, including financ ...
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
Arkan Palm Receives Bank Finance For The ‘205’ Project’s Phase I
A banking alliance has concluded a long-term financing contract worth EGP 1.5 bn with Arkan Palm for Real Estate Investment to finance part of the investment cost of the first phase of the “205” project in Sheikh ...
City Edge Developments Cooperates with Credit Agricole for Mortgage Finance
City Edge Developments signs a cooperation protocol with Credit Agricole Bank, aiming at financing real estate units for medium housing through long-term loans with low interest rate, to ease financial burdens, an ...
IsDB Provides USD 16.6 bn to Finance 395 Egyptian Projects
The Islamic Development Bank (IsDB) has pumped USD 12.8 bn (EGP 204.2 bn) worth of investments into 338 different projects across Egypt, while currently working on 57 others with around USD 3.8 bn (EGP 60.6 bn).
MNHD Secures EGP 2.1 bn Loan
Madinet Nasr for Housing and Development (MNHD) has secured an EGP 2.1 bn syndicated loan from three Egypt-based banks in funding for some of the developer's projects in New Cairo.
