News
18 January 2022

Egypt signs Serv-backed loan for textile projects

Region:
Middle East & Africa

On 16 December, Egypt’s state-owned Cotton, Spinning, Weaving & Garments Holding Company (CTIHC) signed a €355 ($404 million) million Serv-backed loan to finance the procurement of machinery for its textile projects across the North African country. The financing backs 85% of the...

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