{"id":563555,"date":"2021-07-07T04:00:06","date_gmt":"2021-07-07T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/07\/world-bank-eu-join-eastmed-gas-forum-valu-launches-financing-for-saudi-german-hospital-patients\/"},"modified":"2021-07-07T04:00:06","modified_gmt":"2021-07-07T04:00:06","slug":"world-bank-eu-join-eastmed-gas-forum-valu-launches-financing-for-saudi-german-hospital-patients","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/07\/world-bank-eu-join-eastmed-gas-forum-valu-launches-financing-for-saudi-german-hospital-patients\/","title":{"rendered":"World Bank, EU join EastMed Gas Forum + Valu launches financing for Saudi German Hospital patients"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>World Bank, EU become observers at EastMed Gas Forum:<\/strong> Members of the East Mediterranean Gas Forum have agreed to bring the World Bank and the European Union into the organization as observers during a meeting in Cairo yesterday, the Oil Ministry said in a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/172521911584904\">statement<\/a>. The Cairo-based forum aims to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/01a49990-c0a6-474a-9234-976ca6dc30c3\">serve as a platform for regional natgas players<\/a> to develop resources and infrastructure, cooperate on exploration, and regulate the region's natgas policies. Egypt, Cyprus, Greece, Israel, Italy, Jordan and Palestine are all founding members. France later joined as a member while the US is taking part as an observer.<\/p>\n<p><strong>EFG Hermes consumer finance subsidiary Valu will offer financing for patients of Saudi <\/strong><strong>German Hospital<\/strong>, under a new partnership agreement, the companies announced in a joint <a href=\"https:\/\/ent.news\/2021\/7\/EFG-SGH-PRL-ENG.pdf\">statement (<\/a><a href=\"https:\/\/ent.news\/2021\/7\/EFG-SGH-PRL-ENG.pdf\">pdf<\/a><a href=\"https:\/\/ent.news\/2021\/7\/EFG-SGH-PRL-ENG.pdf\">)<\/a> yesterday. The financing platform will offer installment programs up to 60 months, with 0% interest and no down payments for a period of six months. The agreement aims to make quality healthcare services more accessible to more segments of patients in the market, especially those without ins. coverage.<\/p>\n<p><strong>Kenya will continue exempting Egyptian exports from customs duties for another year<\/strong>, Trade and Industry Minister Nevine Gamea <a href=\"https:\/\/www.facebook.com\/photo?fbid=172411801595915&set=a.144073987763030\">said yesterday<\/a>. The Kenyan government threatened to impose a 25% customs duty on some Egyptian exports back in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3c5dd3d8-116a-4040-96b7-11371a5d063e\">2020<\/a>, but later backed off and signed a one-year agreement under the Comesa trade framework that was this week extended for another year.<\/p>\n<p><strong>Taqa to install solar panels in Somabay:<\/strong> Taqa Arabia subsidiary Taqa Power will build two solar facilities worth USD 4 mn in Somabay, that will produce a combined 5 MW of power, Taqa and Abu Soma Touristic Development said in a joint <a href=\"https:\/\/ent.news\/2021\/7\/TAQA-Soma-Bay-pdf.pdf\">press release (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World Bank, EU become observers at EastMed Gas Forum: Members of the East Mediterranean Gas Forum have agreed to bring the World Bank and the European Union into the organization as observers during a meeting in Cairo yesterday, the Oil Ministry said in a statement. The Cairo-based forum aims to serve as a platform for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":563556,"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":[4127,111,1953,84,72,7192,1443,615,515,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-abu-soma-touristic-development-company","tag-also-on-our-radar","tag-eastern-mediterranean-gas-forum","tag-efg-hermes","tag-enterpriseam","tag-eu","tag-somabay","tag-taqa-arabia","tag-valu","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"ab09a0ab-2bde-4441-973f-cdda4cb268f0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/7\/71.jpg","photo_position":"above","related_issue":[563543],"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>World Bank, EU join EastMed Gas Forum + Valu launches financing for Saudi German Hospital patients - 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\/07\/07\/world-bank-eu-join-eastmed-gas-forum-valu-launches-financing-for-saudi-german-hospital-patients\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank, EU join EastMed Gas Forum + Valu launches financing for Saudi German Hospital patients\" \/>\n<meta property=\"og:description\" content=\"World Bank, EU become observers at EastMed Gas Forum: Members of the East Mediterranean Gas Forum have agreed to bring the World Bank and the European Union into the organization as observers during a meeting in Cairo yesterday, the Oil Ministry said in a statement. 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The regional organization officially came into being in March, after its founding members signed the\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/48.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560050,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/eastmed-gas-forum-to-come-into-effect-1-march\/","url_meta":{"origin":563555,"position":1},"title":"EastMed Gas Forum to come into effect 1 March","author":"enterpriseam admin","date":"14 February 2021","format":false,"excerpt":"The Eastern Mediterranean Gas Forum will come into force on 1 March, the foreign ministers of Egypt, Greece and Cyprus announced in a joint statement last week. Speaking on the sidelines of a regional forum in Greece, the three ministers said that the organization\u2019s charter, signed in September, will be\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/211.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574824,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/23\/eastmed-gas-forum-charter-signed-by-founding-members\/","url_meta":{"origin":563555,"position":2},"title":"EastMed Gas Forum charter signed by founding members","author":"enterpriseam admin","date":"23 September 2020","format":false,"excerpt":"Egypt takes a major step towards its regional energy hub ambitions with the formalization of the EastMed Gas Forum: The Eastern Mediterranean Gas Forum is now officially an established organization headquartered in Cairo after six of the seven founding states signed its charter yesterday, marking another key step in Egypt\u2019s\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\/9\/249.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547270,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/15\/europe-knocked-we-answered\/","url_meta":{"origin":563555,"position":3},"title":"Europe knocked. We answered.","author":"enterpriseam admin","date":"15 June 2022","format":false,"excerpt":"Egypt, Israel and the EU could sign an agreement to increase gas export across the Mediterranean in Cairo today. EU Commission President Ursula von der Leyen and Israeli energy minister Karine Elharrar will be in the capital today to seal the agreement, which is expected to pave the way for\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575669,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/higher-teacher-wages-one-more-month-of-consumer-discounts-eastmed-gas-forum-charter-get-nods-from-cabinet\/","url_meta":{"origin":563555,"position":4},"title":"Higher teacher wages, one more month of consumer discounts, EastMed Gas forum charter get nods from cabinet","author":"enterpriseam admin","date":"22 October 2020","format":false,"excerpt":"CABINET WATCH- Teachers at public schools could be getting a EGP 325-475 monthly bump in their salaries if a draft law that will cost the state coffers north of EGP 6.1 bn passes the House of Representatives. Public school administrators, meanwhile, will see their monthly wages rise by EGP 150-250\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\/10\/238.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567293,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/eastmed-gas-nations-finalize-forum-charter\/","url_meta":{"origin":563555,"position":5},"title":"EastMed gas nations finalize forum charter","author":"enterpriseam admin","date":"19 January 2020","format":false,"excerpt":"The EastMed Gas Forum is finally becoming a thing: Officials from the seven founding member states of the Eastern Mediterranean Gas Forum have finalized a charter that will officially establish the organization with Cairo as its headquarters, the Oil Ministry announced in a statement. The organization, which held its third\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\/1\/633.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\/563555","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=563555"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/563555\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/563543"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/563556"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=563555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=563555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=563555"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=563555"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=563555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}