Orascom Development Egypt secures a USD 356M loan from leading banks to accelerate construction at its O West project.
Amount Raised
$237 Million
Round Type
Debt Financing
6th Of OctoberReal EstateReal Estate InvestmentCommercial Real EstateInvestors
Description
Orascom Development Egypt has signed a USD 356 million syndicated loan package. This financing will refinance existing debt while providing fresh capital to speed up construction at the O West project in West Cairo. The loan includes USD 237 million in new funding. The agreement reflects the importance of access to long-term funding for maintaining construction momentum in the real estate sector.
Quick answer
Orascom Development Egypt raised $237 Million in a Debt Financing round, dated July 16, 2026. Investors: Commercial International Bank, National Bank Of Egypt and Banque Misr. Orascom Development Egypt is based in 6th Of October, Aj Jiza, Egypt.
- How much did Orascom Development Egypt raise?
- Orascom Development Egypt raised $237 Million in a Debt Financing round on July 16, 2026.
- Who invested in Orascom Development Egypt?
- Commercial International Bank, National Bank Of Egypt and Banque Misr are named as investors in this round.
- What does Orascom Development Egypt do?
- Orascom Development Egypt is a leading developer specialized in residential and mixed-use communities in Egypt.
- Where is Orascom Development Egypt based and how big is it?
- Orascom Development Egypt is based in 6th Of October, Aj Jiza, Egypt.
Source: Fundz verified event record.
Who else raised in Real Estate and Real Estate Investment around the same time
Companies in the same sectors as Orascom Development Egypt that raised within 45 days of this round, from Fundz verified event records.
- Stratum Holdings Corp. raised $210K on August 18, 2026.
- Stratum Holdings Corp. raised $150K on July 31, 2026.
- Stratum Holdings Corp. raised $250K on July 9, 2026.
- JLL Income Property Trust raised $49M (Debt Financing) on June 3, 2026.
- Redgate raised $227K (Pre-Seed) on August 20, 2026.
- Theop raised an undisclosed amount on July 9, 2026.
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