{"id":568732,"date":"2020-02-02T04:32:02","date_gmt":"2020-02-02T04:32:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/future-pharma-negotiating-with-banks-to-part-finance-new-egp-500-mn-factory\/"},"modified":"2020-02-02T04:32:02","modified_gmt":"2020-02-02T04:32:02","slug":"future-pharma-negotiating-with-banks-to-part-finance-new-egp-500-mn-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/future-pharma-negotiating-with-banks-to-part-finance-new-egp-500-mn-factory\/","title":{"rendered":"Future Pharma negotiating with banks to part-finance new EGP 500 mn factory"},"content":{"rendered":"

Future Pharma Industries<\/a> (FPI) is negotiating several unidentified local banks to secure funding for a new EGP 500 mn factory, CEO Gamal El Leithy told the local press.<\/a> SPE Capital, which acquired a 30% stake in FPI<\/a> for EGP 500 mn, will part-fund the project, he said, without providing an exact figure. The factory will produce ampoules and eye drops, and is expected to be operational by 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

Future Pharma Industries (FPI) is negotiating several unidentified local banks to secure funding for a new EGP 500 mn factory, CEO Gamal El Leithy told the local press. SPE Capital, which acquired a 30% stake in FPI for EGP 500 mn, will part-fund the project, he said, without providing an exact figure. The factory will […]<\/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":[9314],"tags":[72,2400,125,427],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568732","post","type-post","status-publish","format-standard","hentry","category-health-education","tag-enterpriseam","tag-health-education","tag-investment-watch","tag-pharma","wpautop","entry"],"acf":{"mongo_id":"cb369d09-619e-4eba-94a6-0d89a463a589","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[568696],"teaser":"","voice_url":""},"yoast_head":"\nFuture Pharma negotiating with banks to part-finance new EGP 500 mn factory - 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\/02\/02\/future-pharma-negotiating-with-banks-to-part-finance-new-egp-500-mn-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Future Pharma negotiating with banks to part-finance new EGP 500 mn factory\" \/>\n<meta property=\"og:description\" content=\"Future Pharma Industries (FPI) is negotiating several unidentified local banks to secure funding for a new EGP 500 mn factory, CEO Gamal El Leithy told the local press. SPE Capital, which acquired a 30% stake in FPI for EGP 500 mn, will part-fund the project, he said, without providing an exact figure. The factory will […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/future-pharma-negotiating-with-banks-to-part-finance-new-egp-500-mn-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-02T04:32:02+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/future-pharma-negotiating-with-banks-to-part-finance-new-egp-500-mn-factory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/future-pharma-negotiating-with-banks-to-part-finance-new-egp-500-mn-factory\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Future Pharma negotiating with banks to part-finance new EGP 500 mn factory\",\"datePublished\":\"2020-02-02T04:32:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/future-pharma-negotiating-with-banks-to-part-finance-new-egp-500-mn-factory\/\"},\"wordCount\":75,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Health + Education\",\"investment watch\",\"pharma\"],\"articleSection\":[\"Health + Education\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/future-pharma-negotiating-with-banks-to-part-finance-new-egp-500-mn-factory\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/future-pharma-negotiating-with-banks-to-part-finance-new-egp-500-mn-factory\/\",\"name\":\"Future Pharma negotiating with banks to part-finance new EGP 500 mn factory - 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FPI plans to use the funds to install new production lines.","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561009,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/22\/pharma-looking-to-grow\/","url_meta":{"origin":568732,"position":1},"title":"Pharma looking to grow?","author":"enterpriseam admin","date":"22 March 2021","format":false,"excerpt":"Pharma may have appetite for capex as two manufacturers take on debt to finance new production capacity: Future Pharma Industries (FPI) has secured a EGP 350 mn loan from the National Bank of Egypt and QNB AlAhli to fund a new EGP 500 mn plant, Chairman Gamal El Leithy tells\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":596531,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/01\/spe-capital-buys-30-stake-in-future-pharma\/","url_meta":{"origin":568732,"position":2},"title":"SPE Capital buys 30% stake in Future Pharma","author":"enterpriseam admin","date":"1 July 2019","format":false,"excerpt":"M&A WATCH- SPE Capital buys 30% stake in Future Pharma: SPE Capital Partners has acquired a 30% stake in Future Pharma Industries (FPI) for EGP 500 mn, SPE Chairman Gamal El Leithy said, according to the local press. 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