NBE, IGI Agree on EGP 600 mn Facility for West Cairo’s Ashgar City

Egypt-based developer IGI Real Estate has agreed on a loan facility from the National Bank of Egypt (NBE) to finance the construction of its flagship project in 6th of October City, named "Ashgar City," with the f ...

EBRD Extends USD 200 mn Facility to Boost Egypt’s Private Sector

The European Bank for Reconstruction and Development (EBRD) has granted a USD 200 mn (EGP 3.24 bn) financing package to the National Bank of Egypt (NBE) for trade and on-lending to local Coronavirus-hit companies. ...

MNHD Secures EGP 2.1 bn Loan

Madinet Nasr for Housing and Development (MNHD) has secured an EGP 2.1 bn syndicated loan from three Egypt-based banks in funding for some of the developer's projects in New Cairo.

EMPC to Take Over NBE Stake in Arabian Hotel

The Egyptian Media Production City’s (EMPC) board has ratified the acquisition of the National Bank of Egypt's (NBE) stake in Arabian Hotel Media Production City Co. at EGP 115 per share

Arab Contractors to Sell 4% Stake in El Mostakbal

Arab Contractors, an Egyptian construction and contracting company, will sell 4% of its shareholding in El Mostakbal for Urban Development to two local banks

Al Ahly Capital Negotiates to Establish an Industrial Zone in 6th of October City

Al Ahly Capital Holding Company, the investment arm of the National Bank of Egypt (NBE), is talking with three developers to establish an industrial zone in Abu Rawash in 6th of October City

NBE Studies Funding 1,000 Units for Low-income Citizens

The National Bank of Egypt is assessing the possibility of providing EGP 10 million to fund 1,000 residential units for low-income citizens as part of a real estate initiative introduced by the Central Bank of Egypt.

Page 2 of 2

Login

Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password

Register