Real Estate Consortium reaches settlement with EALB

Cairo – Mubasher: Real Estate Egyptian Consortium Company said Sunday that it got a clearance from Egyptian Arab Land Bank (EALB).

According to a bourse filing, the clearance came after the accelerated payment of EGP 47.84 due to the bank.

The company’s ordinary general meeting (OGM) earlier agreed to pay EGP64.6 loan instalments due to Egyptian Arab Land Bank.

Mubasher Contribution Time: 08-May-2016 09:38 (GMT)
Mubasher Last Update Time: 08-May-2016 09:38 (GMT)