Cairo – Mubasher: Dice Sport and Casual Wear has signed a medium-term loan agreement worth $5 million (EGP 79 million) with Qatar National Bank Al Ahli (QNB Al Ahli).

The loan will be paid over a period of five years, Dice said in a bourse statement released on Thursday.

Moreover, the EGX-listed company announced that it bought EGP 120 million assets from Cairo Cotton Center Company.

It is worth noting that Dice’s net profits increased to EGP 125.29 million during the January-September period, compared to EGP 112.06 million in the corresponding period a year earlier, including minority shareholders’ rights.