Cairo – Mubasher: Misr Hotels on Thursday said it paid EGP 171.67 million of the National Bank of Egypt’s (NBE) loan since 24 January until now.
The loan was allocated to develop the Nile Ritz-Carlton Hotel, Cairo, Misr Hotels added.
The seventh accelerated payment has been paid at a value of EGP 25.77 million, the company said in a statement to the Egyptian Exchange (EGX).