Thursday , July 29 2021

Metal Holding successfully completed Banque Misr's iron and steel debt



Thank you for your reading of the news about metal ownership that successfully completed Banque Misr's iron and steel debt and now with detailed news

Cairo – By Mohamed Salah – Dr. Medhat Nafea, Chair of the Board of Directors of the Parent Company for the Metallurgical Industry, received Chairman of the Board of Directors Banque Misr today, to agree to the protocol for completing bank accounts with the Egyptian Iron and Steel Company. The Cairo Economic Court, which issued a final court ruling to pay bank fees of around $ 58.7 million for non-interest cases, was estimated at around $ 9 million.

The company said in a press release that it had agreed to pay off debts in exchange for bank acquisitions of land and parts of iron and steel companies, and to drop all interest and part of the debt. All legal cases, estimated at another $ 6 million, were attended by Mr. Abdul Aati Saleh, President of the Iron and Steel Company and a number of leaders from the Mineral Holding Company and Banque Misr. The meeting discussed various aspects of cooperation and the protocol was being completed in a few days and approved by the authorities.

Thank you for reading the news about mineral ownership that successfully completed iron and steel debt at Bank of Egypt at Gulf 365 and told you that the topic content was written on the seventh day and may have been completely transferred or quoted from it and you can read and follow the news from sources this is from the main source of the seventh day link and we are not responsible for this news content with the best hope for Happy Day.

Subscribe to the newsletter to get the most important news after being published

Follow us on social networking sites


Source link