{"id":549207,"date":"2022-09-07T04:00:36","date_gmt":"2022-09-07T04:00:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/"},"modified":"2022-09-07T04:00:36","modified_gmt":"2022-09-07T04:00:36","slug":"three-local-banks-lend-tatweer-misr-egp-3-5-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/","title":{"rendered":"Three local banks lend Tatweer Misr EGP 3.5 bn"},"content":{"rendered":"

Tatweer Misr has secured an EGP 3.5 bn financing agreement with the National <\/strong>Bank of Egypt, AAIB, and Banque Misr<\/strong>, President and CEO Ahmed Shalaby told Hapi Journal<\/a>. The agreement will help finance the company\u2019s Il Monte Galala beachfront development in Ain Sokhna and its Bloomfields residential compound in New Cairo, our source said. Tatweer Misr has been in talks to secure the loan since November.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tatweer Misr has secured an EGP 3.5 bn financing agreement with the National Bank of Egypt, AAIB, and Banque Misr, President and CEO Ahmed Shalaby told Hapi Journal. The agreement will help finance the company\u2019s Il Monte Galala beachfront development in Ain Sokhna and its Bloomfields residential compound in New Cairo, our source said. Tatweer […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7274],"tags":[430,576,7106,88,72,248,83,3224],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549207","post","type-post","status-publish","format-standard","hentry","category-debt-watch","tag-arab-african-international-bank","tag-banque-misr","tag-debt","tag-debt-watch","tag-enterpriseam","tag-national-bank-of-egypt","tag-real-estate","tag-tatweer-misr","wpautop","entry"],"acf":{"mongo_id":"5c69204e-6297-45cc-b357-738f7e2950fd","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[549191],"teaser":"","voice_url":""},"yoast_head":"\nThree local banks lend Tatweer Misr EGP 3.5 bn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Three local banks lend Tatweer Misr EGP 3.5 bn\" \/>\n<meta property=\"og:description\" content=\"Tatweer Misr has secured an EGP 3.5 bn financing agreement with the National Bank of Egypt, AAIB, and Banque Misr, President and CEO Ahmed Shalaby told Hapi Journal. The agreement will help finance the company\u2019s Il Monte Galala beachfront development in Ain Sokhna and its Bloomfields residential compound in New Cairo, our source said. Tatweer […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-07T04:00:36+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Three local banks lend Tatweer Misr EGP 3.5 bn\",\"datePublished\":\"2022-09-07T04:00:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/\"},\"wordCount\":74,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Arab African International Bank\",\"Banque Misr\",\"debt\",\"debt watch\",\"EnterpriseAM\",\"National Bank of Egypt\",\"real estate\",\"Tatweer Misr\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/\",\"name\":\"Three local banks lend Tatweer Misr EGP 3.5 bn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-09-07T04:00:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Three local banks lend Tatweer Misr EGP 3.5 bn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Three local banks lend Tatweer Misr EGP 3.5 bn - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/","og_locale":"en_US","og_type":"article","og_title":"Three local banks lend Tatweer Misr EGP 3.5 bn","og_description":"Tatweer Misr has secured an EGP 3.5 bn financing agreement with the National Bank of Egypt, AAIB, and Banque Misr, President and CEO Ahmed Shalaby told Hapi Journal. The agreement will help finance the company\u2019s Il Monte Galala beachfront development in Ain Sokhna and its Bloomfields residential compound in New Cairo, our source said. Tatweer […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-09-07T04:00:36+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Three local banks lend Tatweer Misr EGP 3.5 bn","datePublished":"2022-09-07T04:00:36+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/"},"wordCount":74,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Arab African International Bank","Banque Misr","debt","debt watch","EnterpriseAM","National Bank of Egypt","real estate","Tatweer Misr"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/","name":"Three local banks lend Tatweer Misr EGP 3.5 bn - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-09-07T04:00:36+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/07\/three-local-banks-lend-tatweer-misr-egp-3-5-bn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Three local banks lend Tatweer Misr EGP 3.5 bn"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":555413,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/14\/more-green-finance-for-smes-courtesy-of-the-ebrd\/","url_meta":{"origin":549207,"position":0},"title":"More green finance for SMEs, courtesy of the EBRD","author":"enterpriseam admin","date":"14 November 2021","format":false,"excerpt":"Banque Misr in line for more EBRD climate financing: The European Bank for Reconstruction and Development (EBRD) could soon sign off on a USD 100 mn facility to state-owned Banque Misr to finance local SMEs working on green projects, according to the lender\u2019s website. The state-owned bank will on-lend the\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":609660,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/08\/debt-news-from-tatweer-misr-raya-plus-expat-car-for-fx-initiative-registers-100k-in-first-week-tantawy-on-trial\/","url_meta":{"origin":549207,"position":1},"title":"Debt news from Tatweer Misr + Raya. Plus: Expat car-for-FX initiative registers 100k in first week, Tantawy on trial","author":"enterpriseam admin","date":"8 November 2023","format":false,"excerpt":"The AAIB is extending an EGP 3.5 bn facility to Tatweer Misr","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/361.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556976,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/01\/spmd-threatens-legal-action-in-response-to-allegations-of-market-manipulation\/","url_meta":{"origin":549207,"position":2},"title":"SPMD threatens legal action in response to allegations of market manipulation","author":"enterpriseam admin","date":"1 September 2021","format":false,"excerpt":"Speed Medical responds: Speed Medical issued a statement (pdf) threatening to take legal action for possible defamation against any media outlet that covers allegations of market manipulation made by an unnamed shareholder. The dust up comes after Speed Medical said in late August, in an unusually frank regulatory filing, that\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595747,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/tatweer-misr-says-north-coasts-fouka-bay-investments-worth-egp-4-bn\/","url_meta":{"origin":549207,"position":3},"title":"Tatweer Misr says North Coast\u2019s Fouka Bay investments worth EGP 4 bn","author":"enterpriseam admin","date":"5 August 2019","format":false,"excerpt":"Tatweer Misr is investing an estimated EGP 4 bn in its Fouka Bay project on the North Coast, excluding land value and marketing expenses, CEO Ahmed Shalaby told Reuters Arabic. Shalaby did not disclose when the development would be complete. The company is considering investing outside Egypt in 2023, and\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636099,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/tatweer-misr-mostakbal-sign-cooperation-for-two-projects-worth-egp-33-bn\/","url_meta":{"origin":549207,"position":4},"title":"Tatweer Misr, Mostakbal sign cooperation for two projects worth EGP 33 bn","author":"enterpriseam admin","date":"20 December 2017","format":false,"excerpt":"Real estate developer Tatweer Misr signed two agreements with Mostakbal for Urban Development worth a combined EGP 33 bn for projects spanning 325 feddans, Tatweer Misr announced yesterday (pdf). The first agreement, worth EGP 28 bn, is for a mixed use community spanning 325 feddans. The project will be completed\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577528,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/27\/btech-could-issue-its-first-securitized-bonds-by-the-end-of-the-year\/","url_meta":{"origin":549207,"position":5},"title":"BTECH could issue its first securitized bonds by the end of the year","author":"enterpriseam admin","date":"27 November 2022","format":false,"excerpt":"Electronics retailer BTECH is looking to issue more than EGP 1 bn worth of securitized bonds before the end of 2022 to finance its consumer finance operations, BTECH CEO Mahmoud Khattab said (watch, runtime: 48:36) The issuance is part of a plan to issue securitized bonds worth EGP 8-9 bn\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/414.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=549207"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549207\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/549191"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=549207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=549207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=549207"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=549207"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=549207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}