Tatweer Misr Secures EGP 400 Mn from CIB for Fouka Bay Project

• Tuesday, 22nd November 2022
• by Invest Gate

The facility will be used for the development and acceleration of work at Fouka Bay in the North Coast. The loan was granted against commercial units of the project’s handover.

Mabany Edris’ New Assuit Project Raises High Sales Amid Crisis

• Wednesday, 2nd September 2020
• by Invest Gate

Egyptian property developer Mabany Edris has generated a whopping sales volume from its first flagship project in Upper Egypt's New Assuit, despite being rolled out in parallel with the emergence of the novel Coro ...

CIRA Inks EBRD Funding Deal for University in Upper Egypt

• Tuesday, 1st October 2019
• by Invest Gate

Cairo for Investment and Real Estate Development (CIRA) signed an agreement with the European Bank for Reconstruction and Development (EBRD) for an EGP-denominated facility worth EUR 25 mn ( EGP 442.78 mn) to set ...

SODIC, AAIB Sign Contract to Increase Credit Facility

• Thursday, 24th August 2017
• by Menna A. Farouk

Cairo-based real estate developer Sixth of October Development and Investment Company (SODIC) signs a new contract with Arab African International Bank (AAIB) to increase its credit facility amount, Invest-Gate reports.

Afreximbank, Egypt’s Arab Contractors Sign USD 200 mn Facility Deal

• Monday, 31st July 2017
• by Menna A. Farouk

Egyptian construction firm Arab Contractors (AC) is signing a USD 200 mn credit facility agreement with the African Export-Import Bank (Afreximbank), Reuters reports.

Majid Al Futtaim Unveils Large Carrefour Facility

• Monday, 29th May 2017
• by Menna A. Farouk

UAE shopping mall operator, Majid Al Futtaim, broke ground on global retailer Carrefour's new regional distribution centre at the National Industries Park (NIP) in Dubai, Invest-Gate reports.