Al Ahly Sabbour obtains EGP 4.4B loan from CIB, Suez Canal Bank for North Coast project

· Egyptian market news · ARAB

Al Ahly Sabbour has signed a long-term syndicated financing agreement valued at EGP 4.4 billion with Commercial International Bank Egypt (CIB) and Suez Canal Bank, according to a press release.

The six-year financing agreement will fund the development of the Summer project on the North Coast, located in…

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Source: Arab Finance — read the original story

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