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الاقتصادية - CNN
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2026-07-09T13:48:00.000Z

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Bank of Egypt Leads Banking Consortium to Increase Financing for the "Zed Sheikh Zayed" Project to 9 Billion Pounds

Bank of Egypt Leads Banking Consortium to Increase Financing for the "Zed Sheikh Zayed" Project to 9 Billion Pounds

Bank Misr, led by a banking consortium of four banks, has arranged additional financing of 4 billion Egyptian pounds for Aura Developers Egypt Company for the "Zed Sheikh Zayed" project, bringing the total financing to 9 billion pounds. The funding aims to cover the remaining construction costs of the project, which spans an area of 165 acres and is considered one of Egypt's most prominent urban developments, aimed at boosting the growth of the local real estate market.

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