Misr Hotels pays EGP 171.7m of NBE loan

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).

Mubasher Contribution Time: 10-Aug-2017 17:55 (GMT)
Mubasher Last Update Time: 10-Aug-2017 17:55 (GMT)