Suez Canal Zone signs LE10 billion financing contract with banking consortium ...Egypt

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Suez Canal Zone signs LE10 billion financing contract with banking consortium
The head of the Suez Canal Economic Zone (SCZone), Yahya Zaki signed a financing contract for its projects with a banking consortium of six Egyptian-Egyptian banks from six banks, worth LE10 billion to contribute to the development work of the industrial zones in SCZone. The SCZone said in a statement on Sunday that the alliance includes the National Bank of Egypt, Banque Misr, the Commercial International Bank, the Arab African International Bank, Banque du Caire, and the Suez Canal Bank The contract is a long-term joint financing for the benefit of the General Authority for SCZone through the Egyptian banking alliance led by the National Bank of Egypt, the statement added. The statement ad

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