{"id":324715,"date":"2022-02-27T08:40:30","date_gmt":"2022-02-27T08:40:30","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=324715"},"modified":"2022-02-27T08:40:30","modified_gmt":"2022-02-27T08:40:30","slug":"al-morshedy-mall-al-baraka-bank-egypt-sign-egp-700mn-financing-deal","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/02\/27\/al-morshedy-mall-al-baraka-bank-egypt-sign-egp-700mn-financing-deal\/","title":{"rendered":"Al Morshedy Mall, Al Baraka Bank-Egypt sign EGP 700mn financing deal"},"content":{"rendered":"<p>Al Morshedy Mall\u00a0has signed an EGP 700 million financing agreement with Al Baraka Bank-Egypt\u00a0to establish a new commercial centre in the fifth settlement.<\/p>\n<div id=\"Outstream\"><\/div>\n<p>The transaction is the company&#8217;s first financing agreement with a banking entity, according to a press release on Thursday.<\/p>\n<p>It is noteworthy to mention that in 2021, the bank&#8217;s\u00a0consolidated net profits declined to EGP 1.13 billion, compared to EGP 1.26 billion in the earlier year, including minority shareholders&#8217; rights.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Al Morshedy Mall\u00a0has signed an EGP 700 million financing agreement with Al Baraka Bank-Egypt\u00a0to establish a new commercial centre in the fifth settlement.<\/p>\n","protected":false},"author":4,"featured_media":324348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[],"class_list":["post-324715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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