Misr University for Science and Technology (MUST) has entered into negotiations to obtain a loan worth EGP1.7bn to finance constructing its second branch in 6th of October City planned to combine applied engineering, special education and human sciences colleges. Two banking alliances are competing for the financing: the first alliance includes Banque Misr, National Bank of Egypt (NBE), Commercial International Bank (CIB), QNB Alahli and Arab Bank, while the second consortium encompasses Arab African international Bank (AAIB), Audi Bank Egypt and Emirates NBD Bank, according to sources. The cost of the project is EGP2.6bn, the sources said, adding that MUST requested to repay the loan over 15 years. (Al Mal)   CIB: EGP41.99 as of 16 June 2016, Rating: Neutral, FV: EGP46.38 per share, MCap: USD5,456 million, COMI EY / COMI.CA Qatar National Bank: QAR137.20 as of 16 June 2016, Rating: Buy, FV: QAR162.98 per share, MCap: USD31,649 million, QNBK QD / QNBK.QA Bank Audi: USD6.00 as of 16 June 2016, Rating: Neutral, FV: USD6.46 per share, MCap: USD2,398 million, AUSR LB / AUSR.BY