QNB Egypt and MARAKEZ Sign a 5.5 Bn EGP Facility Agreement for District 5

  • بنوكQNB Egypt and MARAKEZ Sign a 5.5 Bn EGP Facility Agreement for District 5

    QNB Egypt and MARAKEZ Sign a 5.5 Bn EGP Facility Agreement for District 5

    QNB Egypt, a subsidiary of QNB Group, a leading financial institution in the Middle East and Africa, has signed a medium‑term financing agreement worth EGP 5.5 billion with MARAKEZ, one of Egypt’s largest mixed-use developers. The financing will support part of the investment costs associated with the residential and commercial expansions of the District 5 project, which spans 268 acres.…