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.
The Central Bank of Egypt (CBE) released a regulation doubling mortgages up to 10% of commercial banks’ lending portfolios, up from the previous 5%, Invest-Gate reports.
Orascom Development Egypt (ODE), the largest subsidiary of Orascom Development Holding in Egypt, has signed CHF 228.1 mn (nearly EGP 3.82 bn) debt rescheduling package, a step coming to boost the company's balance ...
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