A banking consortium is close to seize a deal to secure a loan worth EGP1.7bn for Misr University for Science and Technology (MUST) to finance the construction of its second branch in 6th of October City, planned to combine applied engineering, special education and human sciences colleges. The cost of the project is EGP2.6bn, the sources said, adding that MUST requested to repay the loan over 15 years. The banking alliance includes Banque Misr, National Bank of Egypt (NBE), Commercial International Bank (CIB), QNB Alahli and Arab Bank. Another consortium encompassing Arab African international Bank (AAIB), Audi Bank Egypt and Emirates NBD Egypt is competing for securing the financing. (Al Mal)   CIB: EGP51.87 as of 16 August 2016, Rating: Neutral, FV: EGP46.38 per share, MCap: USD6,740mn, COMI EY / COMI.CA Bank Audi: USD6.10 as of 16 August 2016, Rating: Neutral, FV: USD6.46 per share, MCap: USD2,438mn, AUSR LB / AUSR.BY Emirates NBD (DU): AED8.30 as of 16 August 2016, Rating: Buy, FV: AED10.00 per share, MCap: USD12,569mn, EMIRATES UH / ENBD.DU