Orascom Developments has signed an agreement for a syndicated loan of 6 billion EGP to finance the development of its project, O West. The loan is set to support Orascom’s plans and accelerate the construction of the company’s projects. The company has already started delivering units and is expecting to deliver more units by 2024.
EFG Hermes concludes advisory on a 6 Billion syndicated loan for Orascom Developments
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