{"id":567952,"date":"2020-12-13T03:57:35","date_gmt":"2020-12-13T03:57:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/"},"modified":"2020-12-13T03:57:35","modified_gmt":"2020-12-13T03:57:35","slug":"also-on-our-radar-on-13-december-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/","title":{"rendered":"Also on our radar on 13 December 2020"},"content":{"rendered":"<p><strong>The impact of covid on air travel is becoming clearer:<\/strong> EgyptAir Holding Company plans to <a href=\"https:\/\/bit.ly\/3qQK58P\">restructure its EGP 10 bn<\/a> in debt owed to foreign lenders, Chairman Roshdy Zakaria said. The company has also taken out a EGP 3 bn loan from the National Bank of Egypt as well as an EGP 2 bn loan from state coffers to contribute towards the debt repayments.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>French public transport operator Transdev<\/strong> plans to <a href=\"https:\/\/bit.ly\/3niwB3y\">bid for the contract<\/a> to manage the electric rail line lining Salam City, 10th of Ramadan and the new administrative capital, according to the company\u2019s Egypt representatives.<\/li>\n<li><strong>1.1 mn more Egyptians subscribed to ADSL services in FY2019-2020<\/strong>, bringing the total number as of June 2020 to 7.99 mn, according to a <a href=\"https:\/\/ent.news\/2020\/12\/page0002.pdf\">CIT ministry report<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The impact of covid on air travel is becoming clearer: EgyptAir Holding Company plans to restructure its EGP 10 bn in debt owed to foreign lenders, Chairman Roshdy Zakaria said. The company has also taken out a EGP 3 bn loan from the National Bank of Egypt as well as an EGP 2 bn loan [&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":[7209],"tags":[111,880,72,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567952","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-egyptair","tag-enterpriseam","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"cbf2013d-1302-44d3-b23d-c85312ebcafc","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[567930],"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>Also on our radar on 13 December 2020 - 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\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/\" \/>\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 13 December 2020\" \/>\n<meta property=\"og:description\" content=\"The impact of covid on air travel is becoming clearer: EgyptAir Holding Company plans to restructure its EGP 10 bn in debt owed to foreign lenders, Chairman Roshdy Zakaria said. The company has also taken out a EGP 3 bn loan from the National Bank of Egypt as well as an EGP 2 bn loan [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-13T03:57:35+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\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Also on our radar on 13 December 2020\",\"datePublished\":\"2020-12-13T03:57:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/\"},\"wordCount\":137,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"EgyptAir\",\"EnterpriseAM\",\"tourism\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/\",\"name\":\"Also on our radar on 13 December 2020 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-12-13T03:57:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Also on our radar on 13 December 2020\"}]},{\"@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 13 December 2020 - 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\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/","og_locale":"en_US","og_type":"article","og_title":"Also on our radar on 13 December 2020","og_description":"The impact of covid on air travel is becoming clearer: EgyptAir Holding Company plans to restructure its EGP 10 bn in debt owed to foreign lenders, Chairman Roshdy Zakaria said. 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The national flag carrier had been seeking the loan earlier this year as it came under\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":581293,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/","url_meta":{"origin":567952,"position":1},"title":"More private-sector involvement in the aviation industry?","author":"enterpriseam admin","date":"7 February 2023","format":false,"excerpt":"TRANSPORT- Egypt\u2019s aviation sector could see more private-sector involvement: State-owned flag carrier EgyptAir will work more closely with private-sector airlines as the government looks to attract private investment into the sector, Civil Aviation Minister Mohamed Abbas said yesterday. This came during a meeting between the heads of private-sector aviation companies\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/egyptair-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556298,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/19\/egyptair-gets-house-backing-for-finmin-guarantee-of-egp-5-bn-loan\/","url_meta":{"origin":567952,"position":2},"title":"Egyptair gets House backing for FinMin guarantee of EGP 5 bn loan","author":"enterpriseam admin","date":"19 October 2021","format":false,"excerpt":"Egyptair Holding Company will now be able to take out a long term, EGP 5 bn loan from state owned banks backed by the Finance Ministry after the House of Representatives approved a decision by the prime minister greenlighting a law that grants the finance minister the right to issue\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","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":610127,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/15\/egyptair-places-big-airbus-order-plus-news-from-sodic-afreximbank-hayat-cleopatra-group\/","url_meta":{"origin":567952,"position":3},"title":"EgyptAir places big Airbus order. 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The value of the contract was not disclosed, but the manufacturer\u2019s standard price list puts the figure at\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/809.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":614532,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/04\/savers-pour-egp-565-bn-into-high-yield-cds-plus-news-from-efg-hermes-flat6labs-azimut-egyptair\/","url_meta":{"origin":567952,"position":4},"title":"Savers pour EGP 565 bn into high-yield CDs. PLUS: News from EFG Hermes, Flat6Labs, Azimut, EgyptAir","author":"enterpriseam admin","date":"4 February 2024","format":false,"excerpt":"NBE has racked up some EGP 365 bn, while Banque Misr has attracted EGP 200 bn","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1662.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623718,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/10\/government-rejects-proposal-to-hike-the-price-of-subsidized-sugar-plus-hsbc-juhayna-nokia-samih-sawiris-fti-touristik-egyptair-podcast-productions\/","url_meta":{"origin":567952,"position":5},"title":"Government rejects proposal to hike the price of subsidized sugar. 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