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Al Ahli Bank of Kuwait – Egypt Organizes a visit to 57357 Children’s Hospital to decorate the Hospital in celebration of the Holy month of Ramadan

Cairo, March 2024: With an innate understanding of the crucial role of corporate social responsibility in the development of local communities, and in celebration of the upcoming Holy month of Ramadan, Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) organized a staff visit to Children’s Cancer Hospital Egypt 57357. As done over the past years, a group of staff members volunteered to take part in a recreational day to spread joy among patients and their families, handing out gifts to little children and decorating the Hospital with Ramdan theme in celebration of the upcoming Holy month.

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Al Ahli Bank of Kuwait - Egypt leads a banking alliance to finance Idea Verde Real Estate Investment –The Waterway valued EGP 575 million

Cairo, March 2024: Al Ahli Bank of Kuwait - Egypt (ABK-Egypt) announced leading a long-term syndication alliance for 575 million Egyptian Pounds in its capacity as the lead arranger and facility agent of the transaction with a share of 350 million Egyptian Pounds with the participation of MIDBANK with a share of 225 million Egyptian Pounds and Al Ahli Kuwait Egypt Leasing Company as the security agent. This long-term syndication loan aims to provide a credit line for Idea Verde Real Estate Investment Company to finance the cost of the company’s activities and new real estate and investment projects over a period of five years.

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