Banks await Majid Al Futtaim announcement on funding alliance: Bank Audi Egypt
Egyptian banks are awaiting Majid Al Futtaim Properties to decide on the offers it received from two alliances of 12 banks to grant around EGP 2.4bn, said Bank Audi Egypt’s General Manager Mohamed Abbas Fayed. According to Fayed, the first alliance includes the National Bank of Egypt, Banque Misr, the…
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