CIRA studies acquisition opportunities, plans to invest EGP 800m in 2021
CIRA issued sukuk bonds worth EGP 600m, and gained 75 bps above Egyptian corridor rates which resulted in interest rate of about 10% for seven-year tenor
Latest in Tag: CIRA Highlight
Latest in Tag: CIRA
CIRA to offer EGP 600m Sukuk in December, with Hermes acting as issuance manager
The sources said that the company is currently completing the offering documents with the Financial Regulatory Authority (FRA). CIRA aims to complete the offering before the end of the year, to finance its expansion in the field of education.
CIRA starts Phase 1 of construction on Badr University in Assiut
Company has purchased 5-feddan plot in Sohag governorate, to construct international school.
CIRA to open school in New Mansoura by September
Company approves EGP 100m loan from Ahli United Bank to finance new projects
EBRD funds CIRA with €25m to establish a university in Assiut
Bank to mobilise additional grant funding worth €400,000