Banque Misr has signed an agreement with the leading real estate developer, Tatweer Misr, to provide e-payment solutions across the latter's smart city projects, Invest-Gate reports.
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.
The loan will boost the pace of construction at Mountain View 4 in the 6th of October City.
The funding was enabled by the bank’s program to support Egyptian fintech startups.
The National Bank of Egypt (NBE) and Banque Misr launch Wesal project, km 30 Cairo-Suez Road, Invest-Gate reports.
Amer Group’s subsidiary Amer for Tourism Development signs a financing contract with Banque Misr worth of EGP 650 mn to partially finance Porto El Minya and Porto Said projects
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
Banque Misr signs cooperation protocol with Inertia, granting the company a medium-term Islamic financing in the amount of EGP 1.1 bn, Invest-Gate reports.
The National Bank of Egypt (NBE) and Banque Misr signs a financing contract with City Edge Development, Invest-Gate reports.
Banque Misr has signed a cooperation protocol with City Edge Developments (CED), as part of the real estate mortgage initiative launched by the Central Bank of Egypt, Invest-Gate reports.
