}

Orascom Development Egypt secures EGP 18B syndicated loan for O West project

Orascom Development Egypt announced that one of its subsidiaries has signed a 10-year syndicated loan agreement worth EGP 18 billion with the National Bank of Egypt (NBE), Banque Misr, and Commercial International Bank (CIB) to support the development of its O West project in 6th of October City, west of Cairo.

Mylerz Egypt secures over EGP 100M in funding from existing shareholders to fund expansion

Mylerz Egypt, an integrated e-commerce last-mile delivery and fulfillment company, has raised more than EGP 100 million in new debt and equity funding from its existing shareholders to support its expansion in the Egyptian market.

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