{"id":558832,"date":"2021-08-29T04:01:39","date_gmt":"2021-08-29T04:01:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/29\/nbe-banque-misr-arrange-egp-3-bn-for-two-state-run-aviation-firms\/"},"modified":"2021-08-29T04:01:39","modified_gmt":"2021-08-29T04:01:39","slug":"nbe-banque-misr-arrange-egp-3-bn-for-two-state-run-aviation-firms","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/29\/nbe-banque-misr-arrange-egp-3-bn-for-two-state-run-aviation-firms\/","title":{"rendered":"NBE, Banque Misr arrange EGP 3 bn for two state-run aviation firms"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>The National Bank of Egypt and Banque Misr have arranged EGP 3 <\/strong><strong>bn-worth of syndicated loans for two airports:<\/strong> Lead arrangers NBE and Banque Misr will provide EGP 2 bn of the 10-year syndicated loans to state-run <a href=\"https:\/\/eac-airports.com\/\">Egyptian Airports Company<\/a> to finance the development of west Cairo\u2019s Sphinx International Airport. NBE will loan out the remaining EGP 1 bn of syndicated loans to state-owned <a href=\"http:\/\/www.ehcaan.com\/\">Egyptian Holding Company for Airports and Air Navigation<\/a> for the development of St. Catherine International Airport, according to <a href=\"https:\/\/ent.news\/2021\/8\/ENG-PRL.docx.pdf\">a press release (pdf)<\/a>.<\/p>\n<p><strong>The loans will be used to increase the airports\u2019 current passenger capacity <\/strong>by building new terminals and adding runways, allowing St. Catherine Airport to process 600 passengers per hour, and Sphinx airport to triple its processing capacity to 900 passengers per hour. The developments are expected to ease pressure on Cairo International Airport, particularly following the planned opening of the Grand Egyptian Museum at the Giza plateau.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Bank of Egypt and Banque Misr have arranged EGP 3 bn-worth of syndicated loans for two airports: Lead arrangers NBE and Banque Misr will provide EGP 2 bn of the 10-year syndicated loans to state-run Egyptian Airports Company to finance the development of west Cairo\u2019s Sphinx International Airport. NBE will loan out the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":558833,"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":[528,576,88,3585,3584,72,248,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-aviation","tag-banque-misr","tag-debt-watch","tag-egyptian-airports-company","tag-egyptian-holding-company-for-airports-and-air-navigation","tag-enterpriseam","tag-national-bank-of-egypt","tag-travel","wpautop","entry"],"acf":{"mongo_id":"5bfa038d-b6a3-4a32-9955-84b23edea56d","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/8\/287.jpg","photo_position":"above","related_issue":[558824],"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>NBE, Banque Misr arrange EGP 3 bn for two state-run aviation firms - 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\/08\/29\/nbe-banque-misr-arrange-egp-3-bn-for-two-state-run-aviation-firms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE, Banque Misr arrange EGP 3 bn for two state-run aviation firms\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Egypt and Banque Misr have arranged EGP 3 bn-worth of syndicated loans for two airports: Lead arrangers NBE and Banque Misr will provide EGP 2 bn of the 10-year syndicated loans to state-run Egyptian Airports Company to finance the development of west Cairo\u2019s Sphinx International Airport. 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Banque Misr concluded 27 syndicated loan transactions in 2021 with a total value of USD 4.12 bn, ranking as the\u2026","rel":"","context":"In &quot;Kudos&quot;","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574720,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/cib-national-bank-of-egypt-banque-misr-sign-egp-5-bn-financing-agreement-for-new-multi-purpose-terminal-in-alexandria-port\/","url_meta":{"origin":558832,"position":2},"title":"CIB, National Bank of Egypt, Banque Misr sign EGP 5 bn financing agreement for new multi-purpose terminal in Alexandria Port","author":"enterpriseam admin","date":"20 September 2020","format":false,"excerpt":"DEBT WATCH- CIB, NBE, Banque Misr sign EGP 5 bn syndicated loan agreement to finance Alexandria Port multipurpose terminal: The National Bank of Egypt, Banque Misr, and CIB signed a EGP 5 bn syndicated loan agreement with state-owned Egyptian Group for Multipurpose Terminals (EGMPT) to finance the construction of a\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":572946,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/nbe-banque-misr-among-top-20-mena-banks-for-syndicated-loans-bloomberg\/","url_meta":{"origin":558832,"position":3},"title":"NBE, Banque Misr among top 20 MENA banks for syndicated loans -Bloomberg","author":"enterpriseam admin","date":"14 July 2020","format":false,"excerpt":"The National Bank of Egypt (NBE) and Banque Misr made Bloomberg\u2019s 1H2020 league table for syndicated facilities in MENA, according to Hapi Journal. NBE ranked fourth on the list, having led 12 syndicated loans worth USD 2.095 bn during the first six months of the year, while Banque Misr came\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":650016,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/eg-bank-qnb-to-fund-21-of-electricity-holding-companys-egp-20-bn-loan\/","url_meta":{"origin":558832,"position":4},"title":"EG Bank, QNB to fund 21% of Electricity Holding Company\u2019s EGP 20 bn loan","author":"enterpriseam admin","date":"14 March 2017","format":false,"excerpt":"The Egyptian Gulf Bank (EG Bank) and Qatar National Bank (QNB) will fund 21% of a EGP 20 bn facility for the Egyptian Electricity Holding Company (EEHC), Al Mal reports. EG Bank will provide EGP 2.5 bn, QNB will contribute with EGP 1.7 bn. The National Bank of Egypt (NBE)\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":657644,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/24\/el-zahy-group-secures-egp-4-2-bn-syndicated-loan\/","url_meta":{"origin":558832,"position":5},"title":"El Zahy Group secures EGP 4.2 bn syndicated loan","author":"enterpriseam admin","date":"24 December 2024","format":false,"excerpt":"El Zahy Group secures EGP 4.2 bn in financing: Local construction player El Zahy Group inked a syndicated loan agreement with three banks \u2014 the National Bank of Egypt (NBE), Banque Misr, and QNB Egypt \u2014 for EGP 4.2 bn, according to a press release (pdf). (Tap or click the\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\/2024\/12\/2075.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\/558832","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=558832"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/558832\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/558824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/558833"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=558832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=558832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=558832"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=558832"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=558832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}