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Ahmed Shalaby, the CEO of Tatweer Misr, one of the leading developers in Egypt, has signed a facility contract with the African International Bank worth 3.5 Billion EGP, and this agreement is done to facilitate the development of “IL Monte Galala” in Ain Sokhna and “Bloomfields” Mostakbal City projects. The agreement was done with the presence of Tamer Khalifa, the Deputy Managing Director of the Arab International Bank, and others from both Tatweer Misr and the African International Bank. 

Ahmed Shalaby mentioned that the company has put its trust in the Egyptian real estate market, and hence, they seek to accelerate the development of some of their projects. Tatweer Misr has a vast portfolio when it comes to the development of luxurious projects that are located in different Egyptian regions.  

Read more about the Diar Qatari deal

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