Cairo – Mubasher: Egyptian Transport and Commercial Services (Egytrans) has signed a credit facility agreement with Egypt-based Ahli United Bank (AUB) according to a bourse filing on Sunday.
The new agreement includes issuing different types of letters of guarantee at a maximum of EGP 35 million or at its foreign cash equivalents, said the company, adding that the deal further aims at funding the operational businesses at a maximum of EGP 20 million.
The stock quote ended Thursday higher 2.34% at EGP 5.01.
