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Suez Canal Bank leads EGP 4.5bn syndicated loan for Madkour infrastructure project - Dailynewsegypt
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Suez Canal Bank leads EGP 4.5bn syndicated loan for Madkour infrastructure project - Dailynewsegypt
A banking alliance led by Suez Canal Bank has signed a joint financing agreement worth EGP 4.485bn in favour of Madkour Holding. The financing will fund contracting works assigned by the Military Works Department of the Ministry of Defence for the supply and installation of underground cables along the Suez Road, replacing existing overhead lines as part of the state’s infrastructure modernisation programme. Suez Canal Bank acted as the initial …
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