Modon is looking for an EGP 35 bn syndicated loan to fund infrastructure in Wadi Yamm
· Egyptian market news · MASR
UAE-based Modon Holding is seeking an EGP 35 bn syndicated loan to help fund infrastructure in Wadi Yamm Asharq Business
IN CONTEXT- district cumulative sales
Modon has drawn a steady run of contractors this year: EGP 15 bn package EGP 10 bn roads and utilities package Montage Hotel & Branded Residences c. EGP 12 bn package
Buying into the outsourcing boom
US-based outsourcing firm InteLogix is scaling up in Egypt in October 2025 statement (pdf)
IN CONTEXT- USD 5.2 bn in 2025 investing USD 100 mn
A bloc, consolidated
B Investments is eyeing control of Madinet Masr’s largest shareholder: a bourse filing (pdf)
The acquisition would hand B Investments an indirect look-through interest of another 10.9% in the developer
OUR TAKE- This is likely only a restructuring. 2Q 2026 disclosure (pdf)
Paying in its own paper
Al Baraka Bank’s bid for AT Lease has drawn enough shares to go through. mandatory tender offer (MTO) EGX disclosure
Al Baraka pays for all of it in stock.
The Financial Regulatory Authority (FRA) has banned consumer finance companies from transactions involving precious metal goods statement