{"id":554027,"date":"2021-12-16T04:04:16","date_gmt":"2021-12-16T04:04:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/"},"modified":"2021-12-16T04:04:16","modified_gmt":"2021-12-16T04:04:16","slug":"arco-inks-egp-720-mn-financial-leasing-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/","title":{"rendered":"Arco inks EGP 720 mn financial leasing agreement"},"content":{"rendered":"<p><strong>Real estate development firm Arco is borrowing EGP 720 mn<\/strong> via a financial leasing agreement with a syndicate of Gulf and local lenders, lead arranger ADIFinance \u2014 Abu Dhabi Islamic Bank\u2019s leasing unit \u2014 said in <a href=\"https:\/\/ent.news\/2021\/12\/ADIFinance-AR-PRL.pdf\">a statement (pdf)<\/a>. The transaction also features participation from Arabia Investments Holdings\u2019 UE Finance and Banque du Caire\u2019s Cairo Financial Leasing.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>Mitsubishi interested in Egypt green hydro projects? <\/strong>Representatives of Mitsubishi discussed working with the Oil Ministry on clean energy projects such as green hydrogen and carbon capture <a href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/214186277563018\">during talks<\/a> with Minister Tarek El Molla yesterday, as the government looks to ramp up emission-reducing initiatives ahead of next year\u2019s COP27 summit in Sharm El Sheikh.<\/li>\n<li><strong>ADQ sets up shop in Egypt:<\/strong> Abu Dhabi sovereign wealth fund ADQ <a href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2021\/12\/15\/adq-opens-cairo-office-to-boost-investment-in-egypt\/\">has opened<\/a> a Cairo office to build on a strategic investment platform launched earlier between the fund and the Sovereign Fund of Egypt.<\/li>\n<li><strong>A commercial and logistical zone is coming to Dakahlia\u2019s Talkha: <\/strong>Investors <a href=\"https:\/\/bit.ly\/3F07Dim\">will be able to purchase<\/a> units in the EGP 2 bn, 46-feddan zone in 1Q2022. The zone will be the first of three being launched in Dakahlia next year as the governorate works to create specialized economic and commercial zones.<\/li>\n<li><strong>13k clay fragments<\/strong> engraved with demotic, hieratic, Coptic, Greek and Arabic text were <strong><a href=\"https:\/\/bit.ly\/3e0kR2s\">unearthed<\/a><\/strong><strong> in Sohag<\/strong> by a German-Egyptian archeological mission.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Real estate development firm Arco is borrowing EGP 720 mn via a financial leasing agreement with a syndicate of Gulf and local lenders, lead arranger ADIFinance \u2014 Abu Dhabi Islamic Bank\u2019s leasing unit \u2014 said in a statement (pdf). The transaction also features participation from Arabia Investments Holdings\u2019 UE Finance and Banque du Caire\u2019s Cairo [&hellip;]<\/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":[7209],"tags":[469,299,111,204,726,2769,147,228,93,72,254,125,570,242,145,131,2478,371,83,150,195],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-554027","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-abu-dhabi-islamic-bank","tag-adq","tag-also-on-our-radar","tag-banking","tag-banque-du-caire","tag-carbon-capture","tag-climate-change","tag-cop27","tag-energy","tag-enterpriseam","tag-green-hydrogen","tag-investment-watch","tag-japan","tag-leasing","tag-logistics","tag-manufacturing","tag-mitsubishi","tag-oil-ministry","tag-real-estate","tag-renewable-energy","tag-tarek-el-molla","wpautop","entry"],"acf":{"mongo_id":"0393bae3-63d8-4053-935f-39e95f3e8377","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[554009],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Arco inks EGP 720 mn financial leasing agreement - 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\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arco inks EGP 720 mn financial leasing agreement\" \/>\n<meta property=\"og:description\" content=\"Real estate development firm Arco is borrowing EGP 720 mn via a financial leasing agreement with a syndicate of Gulf and local lenders, lead arranger ADIFinance \u2014 Abu Dhabi Islamic Bank\u2019s leasing unit \u2014 said in a statement (pdf). The transaction also features participation from Arabia Investments Holdings\u2019 UE Finance and Banque du Caire\u2019s Cairo [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-16T04:04:16+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Arco inks EGP 720 mn financial leasing agreement\",\"datePublished\":\"2021-12-16T04:04:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/\"},\"wordCount\":235,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abu Dhabi Islamic Bank\",\"ADQ\",\"ALSO ON OUR RADAR\",\"banking\",\"Banque du Caire\",\"carbon capture\",\"climate change\",\"COP27\",\"energy\",\"EnterpriseAM\",\"green hydrogen\",\"investment watch\",\"Japan\",\"leasing\",\"logistics\",\"Manufacturing\",\"Mitsubishi\",\"Oil Ministry\",\"real estate\",\"renewable energy\",\"Tarek El Molla\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/\",\"name\":\"Arco inks EGP 720 mn financial leasing agreement - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-12-16T04:04:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Arco inks EGP 720 mn financial leasing agreement\"}]},{\"@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":"Arco inks EGP 720 mn financial leasing agreement - 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\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/","og_locale":"en_US","og_type":"article","og_title":"Arco inks EGP 720 mn financial leasing agreement","og_description":"Real estate development firm Arco is borrowing EGP 720 mn via a financial leasing agreement with a syndicate of Gulf and local lenders, lead arranger ADIFinance \u2014 Abu Dhabi Islamic Bank\u2019s leasing unit \u2014 said in a statement (pdf). The transaction also features participation from Arabia Investments Holdings\u2019 UE Finance and Banque du Caire\u2019s Cairo [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-12-16T04:04:16+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Arco inks EGP 720 mn financial leasing agreement","datePublished":"2021-12-16T04:04:16+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/"},"wordCount":235,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Abu Dhabi Islamic Bank","ADQ","ALSO ON OUR RADAR","banking","Banque du Caire","carbon capture","climate change","COP27","energy","EnterpriseAM","green hydrogen","investment watch","Japan","leasing","logistics","Manufacturing","Mitsubishi","Oil Ministry","real estate","renewable energy","Tarek El Molla"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/","name":"Arco inks EGP 720 mn financial leasing agreement - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-12-16T04:04:16+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Arco inks EGP 720 mn financial leasing agreement"}]},{"@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":587910,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/04\/hassan-allam-properties-signs-egp-500-mn-sale-leaseback-agreement-with-beltone\/","url_meta":{"origin":554027,"position":0},"title":"Hassan Allam Properties signs EGP 500 mn sale-leaseback agreement with Beltone","author":"enterpriseam admin","date":"4 June 2023","format":false,"excerpt":"HAP will finance commercial and hospitality assets owned by two of its subsidiaries","rel":"","context":"In &quot;Real estate&quot;","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/69.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591371,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/corporate-sukuks-to-debut-in-coming-weeks-with-usd-50-mn-ciaf-leasing-issuance-bonds\/","url_meta":{"origin":554027,"position":1},"title":"Corporate sukuks to debut in coming weeks with USD 50 mn CIAF Leasing issuance bonds","author":"enterpriseam admin","date":"4 December 2019","format":false,"excerpt":"DEBT WATCH- Corporate sukuks to debut in Egypt in the coming weeks? CIAF Leasing plans to issue Egypt\u2019s first corporate sukuk in the coming weeks, Financial Regulatory Authority official Sayed Abd El Fadeel told Reuters. The aircraft leasing company will sell USD 50 mn in Islamic bonds, he said, adding\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570729,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/13\/egyptian-state-owned-banks-snap-up-tmg-sukuk-issuance\/","url_meta":{"origin":554027,"position":2},"title":"Egyptian state-owned banks snap up TMG sukuk issuance","author":"enterpriseam admin","date":"13 April 2020","format":false,"excerpt":"State-owned banks snap up TMG sukuk issuance: Three state-owned banks have taken 97.25% of the EGP 2 bn of sukuk issued by Talaat Moustafa Group last week, Al Mal reports, citing unnamed informed sources. Banque Misr and Banque du Caire each bought EGP 725 mn of the securities and Suez\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/115.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568633,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/29\/four-egyptian-companies-prepare-to-offer-egp-5-bn-sukuk-listings\/","url_meta":{"origin":554027,"position":3},"title":"Four Egyptian companies prepare to offer EGP 5 bn sukuk listings","author":"enterpriseam admin","date":"29 January 2020","format":false,"excerpt":"DEBT WATCH- Four Egyptian companies are gearing up to issue EGP 5 bn in sukuk on the EGX, Al Shorouk reported head of the Financial Regulatory Authority\u2019s (FRA) insurance department Sayed Abdelfadil as saying. CIAF Leasing will offer USD 50 mn while Talaat Moustafa Group (TMG) will issue EGP 2\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569388,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/23\/cairo-housing-signs-egp-580-mn-loan-with-adib-to-finance-point-90-mall\/","url_meta":{"origin":554027,"position":4},"title":"Cairo Housing signs EGP 580 mn loan with ADIB to finance Point 90 mall","author":"enterpriseam admin","date":"23 February 2020","format":false,"excerpt":"The Cairo Housing and Development Company\u2019s board of directors has approved a loan agreement with the Abu Dhabi Islamic Bank worth EGP 580 mn, according to a company statement (pdf). The seven-year loan will be used to pay off the company\u2019s dues to the financial leasing companies that had financed\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558698,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/23\/tamweely-could-be-in-line-for-a-total-of-egp-500-mn-in-loans-from-local-foreign-institutions\/","url_meta":{"origin":554027,"position":5},"title":"Tamweely could be in line for a total of EGP 500 mn in loans from local, foreign institutions","author":"enterpriseam admin","date":"23 August 2021","format":false,"excerpt":"Microfinance player Tamweely is in talks with a syndicate of three local banks to obtain EGP 300 mn finance in the coming period to help grow its microfinance portfolio, CEO Ahmed Khorshid told Hapi Journal. Khorshid did not specify a timeline for the transaction, but said the company was in\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/554027","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=554027"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/554027\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/554009"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=554027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=554027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=554027"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=554027"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=554027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}