ArabFinance: State-run Banque Misr acted as the lead arranger in EGP 1.25 billion financing for Cairo 3A Poultry, according to an August 19th press release.
The long-term loan will fund part of the EGP 1.9 billion total investment cost of the poultry project, which includes setting up and managing 23 poultry farms in Giza.
Banque Misr led a consortium comprising Banque du Cairo (BQDC) and QNB Alahli (QNBA) as the main arrangers.
Banque Misr reportedly entered a partnership deal with Damen, a provider of electronic payment solutions.
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