7 banks, Dubai developer Majid Al Futtaim sign $281.6mn syndicated loan
A consortium of banks including seven banks inked a 2.5 billion Egyptian pounds ($281.6 million) syndicated loan…
Browsing Tag
MAF
UAE retailer Majid Al Futtaim inks $281.6mn loan for Egypt project
A banking consortium has signed Wednesday a 2.5 billion Egyptian pounds ($281.6 million) loan for Dubai-based…
Dubai’s Majid Al Futtaim rules out IPO, but plans Egypt, Saudi Expansion
Dubai-based conglomerate Majid Al Futtaim is not planning on listing in the market anytime soon, the CEO Alain…
Majid Al Futtaim Unveiled as Platinum Sponsor for Egypt Economic Summit
UAE leading retailer in Middle East, Majid Al Futtaim announced as the platinum sponsor for Egypt’s soon-to-come…
Egypt’s Biggest Lender Mulls Financing Majid Futtaim’s Upcoming Expansions
Egypt’s biggest state-owned lender, the National Bank of Egypt (NBE) is studying funding UAE Majid Al-Futtaim’s…
Dubai Retail Giant Majid Al-Futtaim Eyes a new Financing from NBE
UAE leading retail developer Majid Al-Futtaim (MAF) is seeking a new financing from Egypt’s largest state-owned…
Banque Misr, NBE Arrange US$471mln Finance for Container Terminal in Port Said
National Bank of Egypt (NBE) and Banque Misr have arranged Co-Finance in favor of the port of East Port Said worth…
Majid Al Futtaim Disburses 1st Tranche of US$500mn Egypt Loan
Dubai-based developer Majid al Futtaim (MAF) announced on Thursday the disbursal of EGP170 million, worth of the…
Dubai Retail Giant Majid Al-Futtaim to Expand Investments in Egypt
Leading Dubai retail developer Majid Al-Futtaim (MAF) will expand its investments in Egypt by around LE16.5 billion…
Dubai retailer MAF to invest $2.3 bln in Egypt
Dubai retailer Majid Al Futtaim, which holds the Carrefour franchise in the Middle East, plans to invest about $2.3…
SAIB Pumps EGP200 mln in MAF’s Mall of Egypt Loan
Société Arabe Internationale de Banque (SAIB) has pumped on Sunday EGP 200 million as pursuant to the Dubai-based…
Dubai Retailer MAF Says Egypt Supermarket Deal Talk Fails
Dubai retail firm Majid Al Futtaim (MAF) said on Monday that talks to buy Egypt's largest supermarket chain from…
5 Banks Complete Final Terms to Fund Al-Futtaim’s Cairo Festival City Project
In a new development regarding UAE-based Al-Futtaim Group Real Estate (AFGRE)'s EGP 2 billion loan – 5 banks…
Dubai Retailer MAF Moves Closer To Egypt Supermarket Deal-Sources
Dubai retail firm Majid Al Futtaim (MAF) is in advanced discussions to buy Egypt's largest supermarket chain from…
Arab Bank, EALB, Al Baraka Contribute EGP 500 Mln To MAF Loan
The Arab Bank, Egyptian Arab Land Bank (EALB) and Al Baraka Bank of Egypt have approved to contribute EGP 500…
Al Baraka Contributes EGP 100 Mln To Islamic Segment Of MAF Loan
The National Bank of Egypt (NBE) and Banque Misr approved to assign an Islamic segment of the EGP 3 billion loan,…
MAF’s Mall Opens 20 New Stores
Mall operator Majid Al Futtaim today announced that it plans to open 20 additional outlets at its Mall of the…