Saudi Arabia’s Alhokair fully pays off Egypt mall loan
Marakez, a subsidiary of Saudi mall developer Fawaz Alhokair, has fully paid off a 2 billion Egyptian pound ($111.7…
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Mall of Egypt
LG Electronics opens a new premium brand shop in Egypt
South Korea’s LG Electronics announced Sunday opening its new premium brand shop at Mall of Egypt in the Sixth of…
Dubai’s Majid Al Futtaim sees Mall of Egypt cost recovery in 9 years
Dubai-based mall operator Majid Al Futtaim’s chief executive Alain Bejjani says he expects cost recovery for its…
Dubai’s Majid Al Futtaim confirms opening Mall of Egypt project in March
Dubai-based mall operator Majid Al Futtaim confirmed Wednesday that it is planning to inaugurate its Mall of Egypt…
Dubai’s Majid Al Futtaim: Mall of Egypt project to open in March 2017
Dubai-based mall operator Majid Al Futtaim announced on Monday that it is moving ahead with the final phases of its…
MAF’s Mall of Egypt on Track to Open in January 2016 – CEO
Political unrest in Egypt is not affecting work on the mall, confirms George Kostas, CEO of UAE-based retailer…
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 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…
Alex Bank Mulls Contributing EGP 100 Mln To MAF Loan
Alex Bank Intesa Sanpaolo considers contributing EGP 100 million to the EGP 3 billion loan arranged for Majid Al…
EGB, Bank Audi Join Consortium Funding MAF Holding
The Egyptian Gulf Bank (EGB) and Bank Audi Egypt have approved to seize EGP 320 million of the shares of the…
Bank Audi Egypt Contributes EGP 100 Mln To MAF Loan
Bank Audi Egypt approved to contribute EGP 100 million to the EGP 3 billion loan arranged for Majid Al Futtaim…
Alex Bank, NSGB, Bank Audi, EGB To Contribute To MAF Loan
Alex Bank Intesa Sanpaolo, National Société Générale Bank (NSGB), Bank Audi Egypt and Egyptian Gulf Bank (EGB)…
Nine Banks Sign MAf Definitive Loan Agreement Today
Nine banks will sign on Sunday the definitive agreement of the EGP 3 billion loan arranged for Majid Al Futtaim…
Bank Audi Considers Contributing EGP 200 Mln To MAF Loan
Bank Audi Egypt plans to contribute EGP 200 million to the EGP 3 billion loan arranged by the National Bank of…
Union National Bank Contributes EGP 150 Mln To Loan For MAF Holding
The Union National Bank - Egypt has approved to contribute EGP 150 million to the loan arranged by the National…
NBAD Contributes EGP 200 Mln To Loan For MAF Holding
The National Bank of Abu Dhabi (NBAD) approved to contribute EGP 200 million to the syndicated loan arranged by the…
Arab Investment Bank Contributes EGP 100 Mln To Loan For MAF Holding
The Arab Investment Bank approved to contribute EGP 100 million to the syndicated loan arranged by the National…
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,…
Egyptian Arab Land Bank Contributes EGP 100 Mln To MAF Loan
The Egyptian Arab Land Bank’s board of directors has given final approval last week to contribute EGP 100 million…
5 Banks Agree To Contribute EGP 1 Bln To MAF Loan
The National Bank of Egypt (NBE) and Banque Misr have received final approvals from the five banks which will…
Talaat Moustafa Group In Talks With AAIB Over EGP 1.2 Bln Loan
The Talaat Moustafa Group (TMG) Holding is conducting negotiations with a number of banks to receive a long-term…
Orascom Contruction Wins $400 Mln Mall of Egypt Contract
Orascom Construction Industries - OCI - (OCIC.CA) announced today that a 50/50 joint venture between BESIX and…
Banque Du Caire’s Corporate Loans Up EGP 1.3 Bln In FY 2011/12
Banque Du Caire’s portfolio of corporate loans surged to EGP 11.6 billion at the end of last June, up from EGP 10.3…
NBE, BM Send Info Memo Of MAF Loan To Contributors
The National Bank of Egypt (NBE) and Banque Misr (BM) will send an information memorandum of the syndicated loan…
Eight Banks Initially Approved Contributing EGP 1.4 Bln To MAF Loan
Eight banks gave an initial approval to contribute EGP 1.4 billion to the syndicated loan arranged by the National…
NBAD Considers Contributing EGP 200 Mln To MAF Loan
The National Bank of Abu Dhabi (NBAD) studies contributing with EGP 200 million to the syndicated loan arranged by…
Arab Bank Considers Contributing EGP 300 Mln To MAF Loan
The Arab Bank considers contributing EGP 300 million to the syndicated loan arranged by the National Bank of Egypt…
Banque Du Caire Contributes With EGP 300 Mln To MAF Loan
Banque Du Caire has approved initially to contribute with EGP 300 million to the syndicated loan arranged by the…
NBE, Banque Misr Invite Banks To Contribute To MAF Syndicated Loan
The National Bank of Egypt (NBE) and Banque Misr will invite other banks to contribute to the syndicated loan worth…
BM & NBE Markets MAF’s EGP 3 Bln Loan
Banque Misr and National Bank of Egypt (NBE) will start marketing the EGP 3 billion long-term loan, which is…
Banque Misr Keeps EGP 700m From Futtaim’s Loan
Banque Misr is currently studying to keep a share, ranging from 600 to 700 million, of the loan arranged with…