{"id":559570,"date":"2021-01-26T03:59:54","date_gmt":"2021-01-26T03:59:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/26\/nbe-to-help-fund-abu-qir-port-expansion\/"},"modified":"2021-01-26T03:59:54","modified_gmt":"2021-01-26T03:59:54","slug":"nbe-to-help-fund-abu-qir-port-expansion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/26\/nbe-to-help-fund-abu-qir-port-expansion\/","title":{"rendered":"NBE to help fund Abu Qir port expansion"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>The National Bank of Egypt (NBE) is leading a EGP 7.5 bn syndicated loan to <\/strong><strong>finance the building of a new shipping container terminal at Abu Qir port<\/strong>, <a href=\"https:\/\/bit.ly\/3a4Hnox\">Al Mal<\/a>, citing anonymous sources. The state-owned bank will act as the lead arranger for the loan, with a syndicate of banks that is expected to include the Bank of Alexandria, Suez Canal Bank, and the Export Development Bank of Egypt. Contracts are expected to be signed by the end of 1Q2021, sources said. The same syndicate of banks had <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/510fb761-11b7-4c5a-8cdb-6b1b17a33727\">granted an EGP 3.8 bn loan<\/a> earlier this month to Gharably Integrated Engineering Company for the upgrade of the Abu Qir port.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Bank of Egypt (NBE) is leading a EGP 7.5 bn syndicated loan to finance the building of a new shipping container terminal at Abu Qir port, Al Mal, citing anonymous sources. The state-owned bank will act as the lead arranger for the loan, with a syndicate of banks that is expected to include [&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":[7274],"tags":[1139,88,72,2371,7111,248,1164],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559570","post","type-post","status-publish","format-standard","hentry","category-debt-watch","tag-alexbank","tag-debt-watch","tag-enterpriseam","tag-export-development-bank-of-egypt","tag-infrastructure","tag-national-bank-of-egypt","tag-suez-canal-bank","wpautop","entry"],"acf":{"mongo_id":"8abf59fc-ef0c-44ee-8f93-c5051b314968","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559558],"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 to help fund Abu Qir port expansion - 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\/01\/26\/nbe-to-help-fund-abu-qir-port-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE to help fund Abu Qir port expansion\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Egypt (NBE) is leading a EGP 7.5 bn syndicated loan to finance the building of a new shipping container terminal at Abu Qir port, Al Mal, citing anonymous sources. The state-owned bank will act as the lead arranger for the loan, with a syndicate of banks that is expected to include [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/26\/nbe-to-help-fund-abu-qir-port-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-26T03:59:54+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\/01\/26\/nbe-to-help-fund-abu-qir-port-expansion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/26\/nbe-to-help-fund-abu-qir-port-expansion\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBE to help fund Abu Qir port expansion\",\"datePublished\":\"2021-01-26T03:59:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/26\/nbe-to-help-fund-abu-qir-port-expansion\/\"},\"wordCount\":116,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Alexbank\",\"debt watch\",\"EnterpriseAM\",\"Export Development Bank of Egypt\",\"infrastructure\",\"National Bank of Egypt\",\"Suez Canal Bank\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/26\/nbe-to-help-fund-abu-qir-port-expansion\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/26\/nbe-to-help-fund-abu-qir-port-expansion\/\",\"name\":\"NBE to help fund Abu Qir port expansion - 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