Cairo – Mubasher: The board of directors of Cairo For Investment and Real Estate Development approved a loan worth EGP 100 million from Ahli United Bank.
The loan will be used to finance some of the company’s projects, according to a filing to the Egyptian Exchange (EGX) on Thursday.
It is noteworthy that during the September-November period of 2019, the company logged a net profit of EGP 109 million, up 47% from the year-ago period.
