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Sunday, 23 June 2019

CIB signs EGP 400 mn financing agreement with MUP

CIB has signed a EGP 400 mn medium-term financing contract with Medical Union Pharma (MUP), bringing the company’s total credit facilities to EGP 1 bn, AMAY reported. The financing aims to consolidate the company’s financial standing and allow it to boost its investments in the coming phase as well as set up new facilities.

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