Cairo – Mubasher: Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) has signed a financing contract worth EGP 200 million with ORA Developers, Akhbar El-Yom reported on Monday.  

Such funding will be used to support the development of Shiekh Zayed Central Park in the urban city of Shiekh Zayed.

During the first half of 2019, ADIB Egypt logged a net profit of EGP 658.6 million, compared to EGP 378.2 million in the year-ago period.