Arab Development did not reach agreement with NBE to LE2.5 loan

Updated 9/16/2018 4:57:13 PM

ArabFinance: Arab Development & Real Estate Investment (ADRI) said it did not reach an agreement with National Bank of Egypt (NBE) to obtain a loan of LE2,500,000.

It is worth to mention, the loan would have been allocated to participate in establishing residential building guaranteed by the renting contract dated December 04, 2014 between NBE and the Company in Qalubya.