EICES in talks with several banks for EGP600mn financing for new university
Newly established education outfit the Egyptian International Company for Education Services is in talks with several local banks for an EGP600mn loan to finance Akhenaton University to be located in Wadi El Natroun. The project will require investments of EGP1bn, EGP400mn of which will be contributed by shareholders and will be established over three phases in two years.
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