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.
MNHD, CIB Seal EGP 1.1 bn Syndicated Loan Agreement
Egypt's Madinet Nasr for Housing and Development (MNHD) has agreed on an EGP 1.1 bn syndicated loan, aiming to proceed with plans to pump EGP 12 bn over the next three years into east Cairo's Sarai and Taj City pr ...
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 Inks EGP 505 mn Facility to Refinance Existing Debt
Palm Hills Developments (PHD) announced signing a loan agreement of EGP 505 mn with Ahli United Bank Egypt (AUB)
Inertia Obtains EGP 575 mn Loan to Construct Jefaira
Inertia has signed a five-year EGP 575 mn loan agreement with Banque du Caire, attempting to finance construction work at its flagship project on the North Coast, Jefaira, among other projects
Egypt Draws Final USD 2 bn Tranche of IMF Loan
Egypt has received USD 2 bn from the International Monetary Fund (IMF), drawing the sixth and final tranche of the USD 12 bn, three-year loan program that kicked off back in November 2016
Egypt, China Ink Deal to Fund USD 1.2 bn Electric Train Project
The Egyptian Transportation Ministry has signed a USD 1.2 bn loan agreement with Export-Import Bank of China (EXIM) to fund an electric train project that will make commuting across major areas much easier.
EBRD Grants EUR 205 mn Loan to Revamp Cairo Metro Line 1
Egypt has signed a EUR 205 mn loan agreement with the European Bank for Reconstruction and Development (EBRD) to fund the revamping of the Cairo Metro Line 1
PHD Inks EGP 852 mn Loan To Finance 190 Feddans, West Cairo
Egypt’s real estate developer, Palm Hills Developments (PHD), signs a syndicated medium term loan agreement worth EGP 852 mn with the aim of partially financing the recently-acquired 190 feddans in West Cairo, Invest ...Page 1 of 1
