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Etisalat Egypt signs a 4 billion EGP financing agreement with CIB

Etisalat Egypt signs a 4 billion EGP financing agreement with CIB

Etisalat Egypt by e&, a tech-telecom operator, signed a 4 billion EGP financing agreement with the Commercial International Bank (CIB) to support Etisalat’s expansion plans.

This agreement aims to support Etisalat Egypt’s expansion plans to provide innovative services that meet the ever-changing needs of customers and create services that rely on the latest technology advances.

“This financing agreement aims to support the expansion of Etisalat Egypt services to reach more customers, through developing the technological infrastructure and adopting the latest digital solutions. This partnership reflects CIB’s role in supporting businesses in the ICT sector, and will further contribute to achieving Etisalat Egypt’s strategy in a way that scales up the company’s financial position in the market and thus achieve more future business success,” Amr El Ganainy, CIB’s CEO Institutional Banking, said.

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