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.
CBE Doubles Mortgages Share of Banks’ Lending Portfolio
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.
ODE Signs EGP 3.8 bn Debt Rescheduling Package with Egyptian Banks
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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