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Four-bank consortium extends EGP 4bn syndicated loan to Ora Developers Egypt - Dailynewsegypt

A consortium of four of Egypt's leading banks has arranged a EGP 4bn syndicated loan for Ora Developers Egypt to finance the remaining construction works at the ZED El Sheikh Zayed development, increasing the total financing provided for the project to EGP 9bn. The banking consortium comprises Banque Misr as the Initial Mandated Lead Arranger,