City Edge Partners with NBE & Banque Misr

The National Bank of Egypt (NBE) and Banque Misr signs a financing contract with City Edge Development, Invest-Gate reports.

Banque Misr Partners with CED

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.

Ora Developers Secures EGP 2.5 bn Loan to Finance ZED West

Ora Developers has sealed an EGP 2.5 loan agreement with Banque Misr, Emirates NBD, Export Development Bank, and Housing and Development Bank to finance the contraction and development of ZED West with an eight-ye ...

Beta Egypt Lists 100 West Cairo Units Under CBE Initiative

Beta Egypt for Urban Development and Banque Misr have partnered to provide mortgage services for the Egypt-based developer's various gated communities in west Cairo's October Gardens, thereby listing 100 residenti ...

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.

Egypt’s Remco Aims to Secure EGP 3.3 bn Co-Financing

EGX-listed Remco for Tourism Villages Construction has joined forces with its subsidiaries and sister companies to secure EGP 3.3 bn worth of long-term co-financing.

TMG Holding’s Unit Partners With 2 Banks for East Cairo Projects

Talaat Moustafa Group (TMG) Holding's unit the Arab Company for Projects and Urban Development has partnered with the National Bank of Egypt (NBE) and Banque Misr to develop projects in east Cairo's Rehab and Madi ...

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.

Banque Misr, FEI Partner to Spur Mortgage Financing

Banque Misr and the Real Estate Development Chamber at the Federation of Egyptian Industries (FEI) signed on June 17 a cooperation protocol to stimulate local real estate financing.

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