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English news

20-Sep-2018

Samcrete asks NBE for bigger credit facility to finance growing projects

Samcrete Egypt Engineers and Contractors has requested the increase of the size of a loan that it is currently negotiating with the National Bank of Egypt (NBE) to EGP3.2bn to meet the increase in the number of projects it is executing. The negotiations that started in March were initially over a EGP2.5bn loan. 

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