Mountain View for Development and Real Estate Investment has signed a long-term syndicated loan agreement worth EGP 6.2 billion to finance part of its new landmark project in East Cairo.
The seven-year financing agreement supports part of the project’s total investment cost, estimated at EGP 14.4 billion. The deal highlights Mountain View’s strong position in Egypt’s real estate market and reflects the banking sector’s confidence in the company’s long-term growth strategy.
The syndicated loan is led by Banque Misr, acting as facility agent, security agent, and account bank. The banking consortium also includes QNB Egypt, Industrial Development Bank, The United Bank, Egyptian Gulf Bank, and Al-Baraka Bank Egypt.
The agreement was signed on Wednesday, July 30, 2025, in the presence of senior representatives from the participating banks and Mountain View’s leadership team.
According to Mountain View, the financing will help accelerate the company’s expansion plans and support the development of fully integrated residential communities built around sustainability, quality of life, and modern urban planning.
Eng. Amr Soliman, Founder and Executive Chairman of Mountain View, said the agreement reflects the confidence of Egyptian and regional banks in the company’s investment model and long-term vision.
Leaders from the participating banks emphasized the importance of supporting Egypt’s real estate sector, which remains a major driver of economic growth, job creation, construction activity, and urban development.
The financing also aligns with Egypt’s Vision 2030 by supporting the creation of integrated urban communities and encouraging sustainable real estate investment.
This syndicated loan strengthens Mountain View’s position as one of Egypt’s trusted real estate developers and reinforces its ability to deliver large-scale residential communities in key growth areas such as East Cairo.
The agreement also reflects the continued cooperation between Egypt’s banking sector and leading real estate developers in financing projects with long-term economic and social impact.
