{"id":559928,"date":"2021-02-09T03:50:35","date_gmt":"2021-02-09T03:50:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/"},"modified":"2021-02-09T03:50:35","modified_gmt":"2021-02-09T03:50:35","slug":"rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/","title":{"rendered":"Raya\u2019s new fund could be the first mainstream alternative to securitization"},"content":{"rendered":"

<\/a> Raya Holding is planning to set up a fund that will invest in the portfolios of <\/strong>non-banking financial services (NBFS) companies<\/strong>, Al Mal reports<\/a>, citing people familiar with the matter. The company will partner with an unnamed asset manager to set up the fund, the targeted value of which was not disclosed.<\/p>\n

Think of it as <\/strong>securitization<\/a><\/strong> through a different door: <\/strong>The fund will raise money from investors to invest in the portfolios of non-bank lenders. The NBFS lender gets the net present value of a portfolio of loans now, and the fund collects the regular payments and takes both the upside and the risk. The sources didn\u2019t specify whether the fund would be open to both retail and institutional buyers.<\/p>\n

The fund\u2019s first investment could see it take part of subsidiary <\/strong>Aman Holding<\/a><\/strong>\u2019s portfolio<\/strong>, a move that would see Raya scrap plans to take EGP 600 mn in securitized bonds to the market later this year.<\/p>\n

Background: <\/strong>The Financial Regulatory Authority last summer<\/a> allowed a new type of fund specialized in what finance nerds call \u201cmovable assets.\u201d Those funds provide liquidity to businesses by using assets such as accounts receivables, inventories, and machinery as collateral. Unlike securitization, this doesn\u2019t require issuing bonds or the setup of a special purpose vehicle.<\/p>\n","protected":false},"excerpt":{"rendered":"

Raya Holding is planning to set up a fund that will invest in the portfolios of non-banking financial services (NBFS) companies, Al Mal reports, citing people familiar with the matter. The company will partner with an unnamed asset manager to set up the fund, the targeted value of which was not disclosed. Think of it […]<\/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":[7691],"tags":[72,7087,595,614,85],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559928","post","type-post","status-publish","format-standard","hentry","category-finance","tag-enterpriseam","tag-finance","tag-non-banking-financial-services","tag-raya-holding","tag-securitization","wpautop","entry"],"acf":{"mongo_id":"92851910-f904-446c-b9bd-00952e157076","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559920],"teaser":"","voice_url":""},"yoast_head":"\nRaya\u2019s new fund could be the first mainstream alternative to securitization - 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\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya\u2019s new fund could be the first mainstream alternative to securitization\" \/>\n<meta property=\"og:description\" content=\"Raya Holding is planning to set up a fund that will invest in the portfolios of non-banking financial services (NBFS) companies, Al Mal reports, citing people familiar with the matter. The company will partner with an unnamed asset manager to set up the fund, the targeted value of which was not disclosed. Think of it […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-09T03:50:35+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\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya\u2019s new fund could be the first mainstream alternative to securitization\",\"datePublished\":\"2021-02-09T03:50:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/\"},\"wordCount\":226,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Finance\",\"non-banking financial services\",\"Raya Holding\",\"securitization\"],\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/\",\"name\":\"Raya\u2019s new fund could be the first mainstream alternative to securitization - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-02-09T03:50:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Raya\u2019s new fund could be the first mainstream alternative to securitization\"}]},{\"@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":"Raya\u2019s new fund could be the first mainstream alternative to securitization - 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\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/","og_locale":"en_US","og_type":"article","og_title":"Raya\u2019s new fund could be the first mainstream alternative to securitization","og_description":"Raya Holding is planning to set up a fund that will invest in the portfolios of non-banking financial services (NBFS) companies, Al Mal reports, citing people familiar with the matter. The company will partner with an unnamed asset manager to set up the fund, the targeted value of which was not disclosed. Think of it […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-02-09T03:50:35+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\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Raya\u2019s new fund could be the first mainstream alternative to securitization","datePublished":"2021-02-09T03:50:35+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/"},"wordCount":226,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Finance","non-banking financial services","Raya Holding","securitization"],"articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/","name":"Raya\u2019s new fund could be the first mainstream alternative to securitization - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-02-09T03:50:35+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/09\/rayas-new-fund-could-be-the-first-mainstream-alternative-to-securitization\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Raya\u2019s new fund could be the first mainstream alternative to securitization"}]},{"@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":564684,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/21\/rayas-aman-to-tap-securitization-market-in-1q2021\/","url_meta":{"origin":559928,"position":0},"title":"Raya\u2019s Aman to tap securitization market in 1Q2021","author":"enterpriseam admin","date":"21 February 2021","format":false,"excerpt":"Raya subsidiary Aman is planning to take EGP 600 mn in securitized bonds to market before the end of the quarter, Raya\u2019s CFO Hossam Hussein said. The sale will be open to qualified institutional investors, banks, and other financial institutions, and will be split into tranches with tenors ranging from\u2026","rel":"","context":"In "SPEED ROUND: DEBT WATCH"","block_context":{"text":"SPEED ROUND: DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-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":572537,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/29\/fra-tightens-prudential-regulations-on-consumer-finance-companies\/","url_meta":{"origin":559928,"position":1},"title":"FRA tightens prudential regulations on consumer finance companies","author":"enterpriseam admin","date":"29 June 2020","format":false,"excerpt":"REGULATION WATCH- The FRA has set new solvency standards for consumer finance companies in a bit to curb concentration risk and strengthen financial stability, according to a statement (pdf). Under the new rules companies will only be allowed to lend up to 10% of their capital base to a single\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/6\/297.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566833,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/15\/raya-establishes-aman-for-technology-nbfs-and-electronic-payments\/","url_meta":{"origin":559928,"position":2},"title":"Raya establishes Aman for Technology, NBFS, and Electronic Payments","author":"enterpriseam admin","date":"15 July 2021","format":false,"excerpt":"Raya to consolidate Aman subsidiaries into a holding company following FRA approval: Raya Holding gained approval from the Financial Regulatory Authority (FRA) to create a holding company for its subsidiaries Aman for E-Payments, Aman for Microfinance, and Aman for Financial Services, according to an EGX disclosure (pdf) released today. The\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621714,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/aman-to-issue-egp-250-300-mn-securities-to-establish-securitization-firm-considers-financial-leasing\/","url_meta":{"origin":559928,"position":3},"title":"Aman to issue EGP 250-300 mn securities, to establish securitization firm, considers financial leasing","author":"enterpriseam admin","date":"15 November 2018","format":false,"excerpt":"Raya Holding subsidiary Aman is planning to issue EGP 250-300 mn-worth of asset-backed securities, pending Financial Regulatory Authority (FRA) approval of the company\u2019s bid to establish a securitization arm, Raya CEO and founder Medhat Khalil tells Al Mal. CIB will run the bookbuilding process for the issuance and El Derini\u2026","rel":"","context":"In "Banking + Finance"","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":592804,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/tawriq-signs-egp-500-mn-securitization-issuance\/","url_meta":{"origin":559928,"position":4},"title":"Tawriq signs EGP 500 mn securitization issuance","author":"enterpriseam admin","date":"6 November 2019","format":false,"excerpt":"Arabia Investment\u2019s Tawriq for Securitization will issue EGP 500 mn of asset-backed securities for Raya Holding, pending the approval of the Financial Regulatory Authority, according to a disclosure to the bourse (pdf). Raya had signed last month its first securitized bond issuance for its subsidiaries, Raya Electronics, Aman Financial Services,\u2026","rel":"","context":"In "Banking + Finance"","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":594380,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/raya-holding-subsidiaries-to-issue-securitized-bonds-worth-egp-500-mn\/","url_meta":{"origin":559928,"position":5},"title":"Raya Holding subsidiaries to issue securitized bonds worth EGP 500 mn","author":"enterpriseam admin","date":"28 October 2019","format":false,"excerpt":"Raya Holding for Financial Investments subsidiaries Raya Electronics, Aman Financial Services, and Aman Microfinance are planning to issue EGP 500 mn of asset-backed securities, according to the local press. CIB and the National Bank of Egypt will manage the securitization process and Dreny & Partners Law Firm will act as\u2026","rel":"","context":"In "Banking + Finance"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559928","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=559928"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559928\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559920"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559928"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559928"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}