{"id":566286,"date":"2021-06-09T13:49:03","date_gmt":"2021-06-09T13:49:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/so-close-you-can-taste-the-money\/"},"modified":"2021-06-09T13:49:03","modified_gmt":"2021-06-09T13:49:03","slug":"so-close-you-can-taste-the-money","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/so-close-you-can-taste-the-money\/","title":{"rendered":"So close you can taste the money\u2026"},"content":{"rendered":"

<\/a> We\u2019re a bit closer to landing a USD 400 mn World Bank loan to help support the rollout of <\/strong>the Sisi administration\u2019s national health ins. system<\/strong> after the House Health Committee approved the agreement yesterday, Youm7<\/a> reports. The funding will be provided by the bank\u2019s lending arm, the International Bank for Reconstruction and Development, and will help subsidize ins. costs for people unable to afford it as well as to fund infrastructure.<\/p>\n

SME loan given final approval:<\/strong> This came on the same day that parliament approved<\/a> a USD 50 mn loan from the Arab Fund for Economic and Social Development to finance SMEs. The loan<\/a> was greenlit by the cabinet last March.<\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re a bit closer to landing a USD 400 mn World Bank loan to help support the rollout of the Sisi administration\u2019s national health ins. system after the House Health Committee approved the agreement yesterday, Youm7 reports. The funding will be provided by the bank\u2019s lending arm, the International Bank for Reconstruction and Development, and […]<\/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":[10154],"tags":[3262,101,633,274,3146,187,287,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-566286","post","type-post","status-publish","format-standard","hentry","category-speed-round-development-finance","tag-arab-fund-for-economic-and-social-development","tag-development-finance","tag-enterprisepm","tag-house-of-representatives","tag-ibrd","tag-legislation-watch","tag-smes","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"816b6325-e449-4c28-83db-0e2a0c501413","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[566279],"teaser":"","voice_url":""},"yoast_head":"\nSo close you can taste the money\u2026 - 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\/06\/09\/so-close-you-can-taste-the-money\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"So close you can taste the money\u2026\" \/>\n<meta property=\"og:description\" content=\"We\u2019re a bit closer to landing a USD 400 mn World Bank loan to help support the rollout of the Sisi administration\u2019s national health ins. system after the House Health Committee approved the agreement yesterday, Youm7 reports. 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Sources told the newspaper at the end of June that the bank was in talks with the\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":599761,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/banque-du-caire-in-talks-for-usd-30-mn-loan-for-smes\/","url_meta":{"origin":566286,"position":1},"title":"Banque du Caire in talks for USD 30 mn loan for SMEs","author":"enterpriseam admin","date":"9 January 2019","format":false,"excerpt":"Banque du Caire is in talks with the Arab Fund for Social and Economic Development over a USD 30 mn loan for SMEs, sources tell Amwal Al Ghad. The two sides are expecting to reach a final agreement over the loan sometime during 1H2019.","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":569387,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/23\/el-sisi-ratifies-usd-130-mn-loan-with-arab-fund-to-develop-electric-grid\/","url_meta":{"origin":566286,"position":2},"title":"El Sisi ratifies USD 130 mn loan with Arab Fund to develop electric grid","author":"enterpriseam admin","date":"23 February 2020","format":false,"excerpt":"President Abdel Fattah El Sisi has ratified a loan agreement worth KWD 40 mn (USD 130 mn) from the Arab Fund for Economic and Social Development as part of the financing of the second phase of developing the electricity distribution network, the local press reports. The agreement was signed in\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":556556,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/31\/world-bank-okays-usd-360-mn-loan-for-egypts-post-covid-recovery\/","url_meta":{"origin":566286,"position":3},"title":"World Bank okays USD 360 mn loan for Egypt\u2019s post-covid recovery","author":"enterpriseam admin","date":"31 October 2021","format":false,"excerpt":"We\u2019re getting a fresh USD 360 mn World Bank loan: The World Bank has approved a USD 360 mn facility to support the Egyptian economy as it recovers from the covid pandemic, the global lender said in a statement(pdf) on Thursday. 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