SED Secures EGP 1 Bn Loan from NBE to Finance ‘Bleu Vert’ Project

Saudi Egyptian Developers (SDE) recently inked a significant long-term financing deal worth EGP1 bn EGP with the National Bank of Egypt (NBE), Invest-Gate reports.

NBE, Banque Misr Launch Wessal Project

The National Bank of Egypt (NBE) and Banque Misr launch Wesal project, km 30 Cairo-Suez Road, Invest-Gate reports.

Maxim Development Granted EGP 450mn Loan from NBE

Maxim Developments receives the new batch of the loan agreed upon with the National Bank of Egypt, amounting to EGP 450mn

IGI Lists Homes at Ashghar City Under CBE Initiative

IGI Real Estate says residential units at its gated community in west Cairo, “Ashgar City,” are now listed under the Central Bank of Egypt (CBE) real estate financing initiative, in a move that aims at revitalizin ...

PHD, NBE Partner for EGP 1 bn Facility Deal

Palm Hills Developments (PHD) has inked an EGP 1 bn facility agreement with the National Bank of Egypt (NBE), while still aiming to meet the EGP 1.5 bn net debt target by year-end.

TMG Holding’s Unit Partners With 2 Banks for East Cairo Projects

Talaat Moustafa Group (TMG) Holding's unit the Arab Company for Projects and Urban Development has partnered with the National Bank of Egypt (NBE) and Banque Misr to develop projects in east Cairo's Rehab and Madi ...

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 to Back NUCA Bond Program with Another EGP 1.5 bn

The European Bank for Reconstruction and Development (EBRD) will back the New Urban Communities Authority’s (NUCA) latest EGP 10 bn securitized bond issuance with EGP 1.5 bn investment.

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. ...

Misr Italia Properties Obtains EGP 650 mn Loan

Misr Italia Properties has inked a middle-term loan worth EGP 650 mn, coming as part of a bank consortium led by the National Bank of Egypt (NBE).

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