{"id":560876,"date":"2021-03-16T04:24:45","date_gmt":"2021-03-16T04:24:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/"},"modified":"2021-03-16T04:24:45","modified_gmt":"2021-03-16T04:24:45","slug":"also-on-our-radar-on-16-march-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/","title":{"rendered":"Also on our Radar on 16 March 2021"},"content":{"rendered":"

<\/a> Palm Hills is bringing the UK\u2019s King\u2019s College brand to Egypt:<\/strong> Palm Hills Development (PHD) has partnered with multinational schools operator Inspired Education<\/a>Group<\/a> to open a King\u2019s College<\/a> branded British school in PHD\u2019s The Crown compound in West Cairo by 2022, when it will take in students from pre-kindergarten through year 12. PHD, King\u2019s College and Inspired will set up four of the school\u2019s campuses across PHD\u2019s communities, with the remaining three planned for Palm Hills Alexandria, Palm Hills New Cairo, and Badya, according to an EGX disclosure (pdf)<\/a>.<\/p>\n

GB Auto\u2019s consumer finance arm, Drive Finance, plans to roll out consumer finance services in 2H2021<\/strong>, Managing Director Ahmed Osama told the local press<\/a>. The company currently only offers car loans but will later expand its lending services to encompass consumer goods, GB Auto\u2019s IR Manager Marina Kamal told us. The company received a license from the Financial Regulatory Authority at the end of last year<\/a> to offer consumer finance services beyond its core auto finance and factoring business. Drive is targeting 35% y-o-y growth this year, raising its share of the market to 25%, Osama said.<\/p>\n

Egypt\u2019s arms imports have more than doubled over the past decade<\/strong>, according to figures released yesterday by the Stockholm International Peace Research Institute<\/a>. The institute, which collects data on the global arms trade, said that Egypt\u2019s imports rose 136% between 2016\u20132020 compared to its imports between 2011\u20132015, with big investments seen in its navy and airforce.<\/p>\n

The Transport Ministry is looking to secure more than USD 1 bn<\/strong> of funding from international institutions to finance the development of a cross-border railway<\/strong> between Egypt and Sudan.<\/p>\n","protected":false},"excerpt":{"rendered":"

Palm Hills is bringing the UK\u2019s King\u2019s College brand to Egypt: Palm Hills Development (PHD) has partnered with multinational schools operator Inspired EducationGroup to open a King\u2019s College branded British school in PHD\u2019s The Crown compound in West Cairo by 2022, when it will take in students from pre-kindergarten through year 12. PHD, King\u2019s College […]<\/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":[97,111,528,73,72,354,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560876","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-agriculture","tag-also-on-our-radar","tag-aviation","tag-education","tag-enterpriseam","tag-palm-hills-developments","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"20943176-100d-488a-9d94-017709330951","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[560857],"teaser":"","voice_url":""},"yoast_head":"\nAlso on our Radar on 16 March 2021 - 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\/03\/16\/also-on-our-radar-on-16-march-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Also on our Radar on 16 March 2021\" \/>\n<meta property=\"og:description\" content=\"Palm Hills is bringing the UK\u2019s King\u2019s College brand to Egypt: Palm Hills Development (PHD) has partnered with multinational schools operator Inspired EducationGroup to open a King\u2019s College branded British school in PHD\u2019s The Crown compound in West Cairo by 2022, when it will take in students from pre-kindergarten through year 12. PHD, King\u2019s College […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-16T04:24:45+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\/03\/16\/also-on-our-radar-on-16-march-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Also on our Radar on 16 March 2021\",\"datePublished\":\"2021-03-16T04:24:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/\"},\"wordCount\":281,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"agriculture\",\"ALSO ON OUR RADAR\",\"aviation\",\"Education\",\"EnterpriseAM\",\"Palm Hills Developments\",\"real estate\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/\",\"name\":\"Also on our Radar on 16 March 2021 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-03-16T04:24:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Also on our Radar on 16 March 2021\"}]},{\"@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":"Also on our Radar on 16 March 2021 - 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\/03\/16\/also-on-our-radar-on-16-march-2021\/","og_locale":"en_US","og_type":"article","og_title":"Also on our Radar on 16 March 2021","og_description":"Palm Hills is bringing the UK\u2019s King\u2019s College brand to Egypt: Palm Hills Development (PHD) has partnered with multinational schools operator Inspired EducationGroup to open a King\u2019s College branded British school in PHD\u2019s The Crown compound in West Cairo by 2022, when it will take in students from pre-kindergarten through year 12. PHD, King\u2019s College […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-03-16T04:24:45+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\/03\/16\/also-on-our-radar-on-16-march-2021\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Also on our Radar on 16 March 2021","datePublished":"2021-03-16T04:24:45+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/"},"wordCount":281,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["agriculture","ALSO ON OUR RADAR","aviation","Education","EnterpriseAM","Palm Hills Developments","real estate"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/","name":"Also on our Radar on 16 March 2021 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-03-16T04:24:45+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/also-on-our-radar-on-16-march-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Also on our Radar on 16 March 2021"}]},{"@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":628490,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/palm-hills-sarwa-capital-close-egp-261-mn-securitized-bond-issuance\/","url_meta":{"origin":560876,"position":0},"title":"Palm Hills, Sarwa Capital close EGP 261 mn securitized bond issuance","author":"enterpriseam admin","date":"6 May 2018","format":false,"excerpt":"Our friends at Sarwa Capital have closed a EGP 261 mn securitized bond issuance for Palm Hills Development (PHD), according to a statement to the EGX (pdf). The issuance is part of a EGP 346 mn receivables portfolio from PHD\u2019s Palm Hills Katameya Extension, Palm Parks, and Hacienda White 2,\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":562876,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/palm-hills-closes-egp-1-2-bn-securitized-bond-sale\/","url_meta":{"origin":560876,"position":1},"title":"Palm Hills closes EGP 1.2 bn securitized bond sale","author":"enterpriseam admin","date":"9 June 2021","format":false,"excerpt":"Palm Hills Development closed a fresh securitized bond issuance backed by a receivables portfolio of nearly EGP 1.2 bn, according to a press release (pdf). The bonds were issued in four tranches with ratings of AA+, AA, A, and A-.The size of the sale is close to PHD\u2019s record EGP\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":572536,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/29\/palm-hills-ci-capitals-taaleem-ink-mou-to-set-up-health-sciences-university-in-badya-compound\/","url_meta":{"origin":560876,"position":2},"title":"Palm Hills, CI Capital\u2019s Taaleem ink MoU to set up health sciences university in Badya compound","author":"enterpriseam admin","date":"29 June 2020","format":false,"excerpt":"PHD, CI Capital\u2019s Taaleem ink MoU to set up life sciences university in Badya compound: Palm Hills Development (PHD) has signed a preliminary agreement with CI Capital subsidiary Taaleem to jointly set up a new private university in its West Cairo Badya project, according to a press release (pdf). The\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575045,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/palm-hills-ci-capitals-taaleem-sign-shareholder-agreement-for-badya-university\/","url_meta":{"origin":560876,"position":3},"title":"Palm Hills, CI Capital\u2019s Taaleem sign shareholder agreement for Badya university","author":"enterpriseam admin","date":"30 September 2020","format":false,"excerpt":"Palm Hills Developments (PHD) and CI Capital\u2019s Taaleem have set up a joint venture to develop their planned EGP 1.6-1.9 bn life sciences university in PHD\u2019s Badya compound, according to a press release (pdf). The two companies signed yesterday a shareholder agreement for the JV, of which Taaleem will own\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":610110,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/15\/palm-hills-to-break-ground-on-egp-65-bn-development-in-mid-2024\/","url_meta":{"origin":560876,"position":4},"title":"Palm Hills to break ground on EGP 65 bn development in mid-2024","author":"enterpriseam admin","date":"15 November 2023","format":false,"excerpt":"The developer is also eyeing a EGP 5.5 bn loan to finance its Badya project","rel":"","context":"In "Real estate"","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\/11\/814.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584389,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/30\/saudi-investors-could-bid-for-aaibs-stake-in-palm-hills-report\/","url_meta":{"origin":560876,"position":5},"title":"Saudi investors could bid for AAIB\u2019s stake in Palm Hills -report","author":"enterpriseam admin","date":"30 March 2023","format":false,"excerpt":"This comes on the heels of news in February that AAIB was looking to sell its entire stake in PHD to Emirati investment company Al Ain Holding.","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/668.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\/560876","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=560876"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560876\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/560857"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=560876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=560876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=560876"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=560876"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=560876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}