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Egypt: Qalaa Holdings inks debt settlement agreement with 4 banks for $93.9mln
Qalaa Holdings has sealed a debt settlement agreement with four banks for a total of EGP 4.547 billion, as per a statement. The banks are Banque Misr, Banque du Caire, Arab African International Bank, and Al Ahli Bank of Kuwait. Under the deal, Qalaa Holdings will sell 239.121 million shares,…
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