AAIB: AAIB-NBE alliance grants Roya Developments EGP 5.6bn loan

The Arab African International Bank (AAIB) and the National Bank of Egypt (NBE), as lead arrangers, have collaborated with other prominent financial institutions to increase the joint loan provided to Roya Developments. The loan amount has been raised to EGP 5.6bn, aimed at supporting construction across various projects undertaken by the group in New Cairo, [...]