Banque du Caire, TAMEER Sign Approximately EGP 1 Bn Contract to Finance UBL Project
Banque du Caire and TAMEER have signed a financing agreement totaling EGP 956 mn, Invest-Gate reports.
Banking-Insurance Alliance, TMG Launch Egypt Real Estate Investment Fund 1
The first issuance of the fund received EGP 360 mn worth of subscriptions, out of a targeted value of EGP 500 mn, from Egyptian and multinational financial institutions.
ODE Seals USD 265 mn Loan Agreement
Orascom Development Egypt (ODE) has sealed a medium-term loan deal worth USD 265 mn (EGP 4.1 bn) to refinance outstanding debt and bankroll growth plans.
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.
Inertia Obtains EGP 575 mn Loan to Construct Jefaira
Inertia has signed a five-year EGP 575 mn loan agreement with Banque du Caire, attempting to finance construction work at its flagship project on the North Coast, Jefaira, among other projects
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