Emirates NBD is set to contribute EGP 200-300 mn to a syndicated loan for the Food Industries Holding Company (FIHC), sources told Al Borsa. The total value of the loan is EGP 1.2 bn and is managed by NBE, the source added. FIHC will receive the loan in three tranches, according to previous comments from NBE’s deputy chairman. The loan will be paid back over three years.
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