5th SettlementNew Cairo

Al Marasem loan for 3.2 Bn EGP dedicated to Fifth Square New Cairo

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Al Marasem loan for 3.2 Bn EGP dedicated to Fifth Square New Cairo

Al Marasem Development is proceeding this month with an arrangement with Banque Misr-led consortium for EGP 3.2 billion.

The credit will be reserved for the 158-feddan Fifth Square project in New Cairo’s fifth Settlement area

A week ago, Al Marasem apparently started to deliver stage I units of Fifth Square, with the compound’s absolute investments arriving at EGP 23.5 billion.

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