Get access to our best features
Get Started
Subscribe
US Social Issues
US Economy
US Politics
Donald Trump
Joe Biden
US Crime
Baseball
Republican Party
Israel-Hamas Conflict
NYPD
Kentucky Derby
Tornado
Get access to our best features
Get Started
Published 18 days ago

Qalaa Holdings finalises EGP 4.5bn debt resolution with four major banks - Dailynewsegypt

Summary by Daily News Egypt
Qalaa Holdings has negotiated a debt resolution with a consortium of four banks: Banque du Caire, Banque Misr, Arab African International Bank, and Al Ahli Bank of Kuwait. The settlement, valued at EGP 4.5bn, involves approximately 17.68% of Qalaa Holdings’ equity in TAQA Arabia, a subsidiary, along with a 60,000 square meter land parcel in Tabein. The agreement also includes adjustments for stock price volatility beyond the predetermined terms.…

0 Articles

All
Left
Center
Right
Daily News EgyptDaily News Egypt

Qalaa Holdings finalises EGP 4.5bn debt resolution with four major banks - Dailynewsegypt

Qalaa Holdings has negotiated a debt resolution with a consortium of four banks: Banque du Caire, Banque Misr, Arab African International Bank, and Al Ahli Bank of Kuwait. The settlement, valued at EGP 4.5bn, involves approximately 17.68% of Qalaa Holdings’ equity in TAQA Arabia, a subsidiary, along with a 60,000 square meter land parcel in Tabein. The agreement also includes adjustments for stock price volatility beyond the predetermined terms.…

18 days ago·Egypt
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Ground News Article Assistant
Not enough coverage to generate an Article Assistant.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

KuwaitKuwait
Trending Topics
Ground News logo
US
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc.
News
For You
Search
BlindspotLocal