Metropolitan Egypt’s Finance Hit EGP580mn till June

The total funds of Egypt’s Metropolitan Consulting (S.A.E) reached more than EGP580 million till last June.

CEO & Managing Director at Metropolitan Mr. Khaled Nagaty said the Assessments numbers which achieved by the company are great in compared to the political and economic situations which experienced by Egypt over three years.

Metropolitan eyes boosting its finance volume to more than EGP1.5 billion by the end of the ongoing year, Nagaty added.

The company obtained an initial approval from the Commercial International Bank (CIB) and the United bank to finance one of real estate’s investment firm with EGP260 million.

Furthermore, Metropolitan will hold a conference in order to review the key challenges of the sector and the available opportunities in cooperation with the International Federation of Small and Medium Enterprises (IFOSME) and the Egyptian financial institutions.