NIB signs EGP 98.1B debt settlements with Maspero, NUCA

· Egyptian market news · ARAB

Prime Minister Mostafa Madbouly witnessed the signing of two agreements to settle the historical debts between the National Investment Bank (NIB), the National Media Authority (Maspero), and the New Urban Communities Authority (NUCA), totaling EGP 98.1 billion.

These agreements were sealed under the directives of President Abdel Fattah El-Sisi to finalize settling debts and financial…

Read the full story at Arab Finance

Source: Arab Finance — read the original story

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