9th of December 2024

NERIC in relation to the syndicated financing by the National Bank of Egypt (NBE), CIB Egypt, and Arab African International Bank (AIIB).

Congratulations to our Client the National Egyptian Railway Industries Company (NERIC)

Sharkawy & Sarhan is honored to have advised NERIC in relation to the syndicated financing by the National Bank of Egypt (NBE), CIB Egypt, and Arab African International Bank (AAIB). (Banking Consortium).

This joint endeavor marks a significant stride in Egypt’s continuous efforts to modernize its railway infrastructure, ensuring heightened safety, reliability, and eco-friendly transport alternatives for both commuters and cargo assistants. The signing ceremony, honored by the presence of H.E. Minister of Transportation, Dr. Kamel El-Wazir, marked a pivotal collaboration between #NERIC and the #Banking_Consortium. This partnership exemplifies a strong commitment to advancing industrial capabilities, optimizing transportation efficiency, and driving comprehensive economic growth in Egypt.

Sharkawy & Sarhan is proud to have advised NERIC through this historic venture and to have been part of this groundbreaking development for the railway industry in Egypt! Well done to our Banking & Finance team led by Partner Ahmed Haggag and Associate Raghda ElQabbage for their dedication and expertise in making this deal a success!

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NERIC in relation to the syndicated financing by the National Bank of Egypt (NBE), CIB Egypt, and Arab African International Bank (AIIB).

19th of December 2024

Congratulations to our Client the National Egyptian Railway Industries Company (NERIC)

Sharkawy & Sarhan is honored to have advised NERIC in relation to the syndicated financing by the National Bank of Egypt (NBE), CIB Egypt, and Arab African International Bank (AAIB). (Banking Consortium).

This joint endeavor marks a significant stride in Egypt’s continuous efforts to modernize its railway infrastructure, ensuring heightened safety, reliability, and eco-friendly transport alternatives for both commuters and cargo assistants. The signing ceremony, honored by the presence of H.E. Minister of Transportation, Dr. Kamel El-Wazir, marked a pivotal collaboration between #NERIC and the #Banking_Consortium. This partnership exemplifies a strong commitment to advancing industrial capabilities, optimizing transportation efficiency, and driving comprehensive economic growth in Egypt.

Sharkawy & Sarhan is proud to have advised NERIC through this historic venture and to have been part of this groundbreaking development for the railway industry in Egypt! Well done to our Banking & Finance team led by Partner Ahmed Haggag and Associate Raghda ElQabbage for their dedication and expertise in making this deal a success!

SUBSCRIBE TO OUR NEWSLETTER

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