{"id":568734,"date":"2020-02-02T04:32:02","date_gmt":"2020-02-02T04:32:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/ora-developers-to-obtain-egp-1-bn-loan-in-1q2020-to-finance-zed-towers\/"},"modified":"2020-02-02T04:32:02","modified_gmt":"2020-02-02T04:32:02","slug":"ora-developers-to-obtain-egp-1-bn-loan-in-1q2020-to-finance-zed-towers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/ora-developers-to-obtain-egp-1-bn-loan-in-1q2020-to-finance-zed-towers\/","title":{"rendered":"Ora Developers to obtain EGP 1 bn loan in 1Q2020 to finance Zed Towers"},"content":{"rendered":"<p>Naguib Sawiris\u2019 Ora Developers intends to obtain a EGP 1 bn loan during this quarter to finance Zed Towers, <a href=\"https:\/\/bit.ly\/2t90Ymh\">CEO Haitham Abdel Azim told Hapi Journal.<\/a> The company is considering offers from several banks, he said without disclosing their names.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Naguib Sawiris\u2019 Ora Developers intends to obtain a EGP 1 bn loan during this quarter to finance Zed Towers, CEO Haitham Abdel Azim told Hapi Journal. The company is considering offers from several banks, he said without disclosing their names.<\/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":[9298],"tags":[2372,7097,72,9395],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568734","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-development","tag-enterpriseam","tag-zed","wpautop","entry"],"acf":{"mongo_id":"d774ce79-cde4-45ef-b009-b20179113062","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[568696],"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>Ora Developers to obtain EGP 1 bn loan in 1Q2020 to finance Zed Towers - 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\/ora-developers-to-obtain-egp-1-bn-loan-in-1q2020-to-finance-zed-towers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ora Developers to obtain EGP 1 bn loan in 1Q2020 to finance Zed Towers\" \/>\n<meta property=\"og:description\" content=\"Naguib Sawiris\u2019 Ora Developers intends to obtain a EGP 1 bn loan during this quarter to finance Zed Towers, CEO Haitham Abdel Azim told Hapi Journal. The company is considering offers from several banks, he said without disclosing their names.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/ora-developers-to-obtain-egp-1-bn-loan-in-1q2020-to-finance-zed-towers\/\" \/>\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\/ora-developers-to-obtain-egp-1-bn-loan-in-1q2020-to-finance-zed-towers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/ora-developers-to-obtain-egp-1-bn-loan-in-1q2020-to-finance-zed-towers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ora Developers to obtain EGP 1 bn loan in 1Q2020 to finance Zed Towers\",\"datePublished\":\"2020-02-02T04:32:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/ora-developers-to-obtain-egp-1-bn-loan-in-1q2020-to-finance-zed-towers\/\"},\"wordCount\":52,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"development\",\"EnterpriseAM\",\"ZED\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/ora-developers-to-obtain-egp-1-bn-loan-in-1q2020-to-finance-zed-towers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/ora-developers-to-obtain-egp-1-bn-loan-in-1q2020-to-finance-zed-towers\/\",\"name\":\"Ora Developers to obtain EGP 1 bn loan in 1Q2020 to finance Zed Towers - 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The banks include CIB, the National Bank of Egypt, and Banque Misr.","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":571000,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/ora-developers-gets-ministerial-green-light-for-zed-towers-phase-2\/","url_meta":{"origin":568734,"position":2},"title":"Ora Developers gets ministerial green light for Zed Towers phase 2","author":"enterpriseam admin","date":"26 April 2020","format":false,"excerpt":"Ora Developers and Gemini Global Developments have received ministerial approval to develop the 15.7-feddan second phase of its flagship Zed Towers development,according to the local press. The New Urban Communities Authority had approved the master plan for the EGP 35 bn Zed Towers project in Sheikh Zayed last year. 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The first phase will see 600 homes completed by 2023. The entire\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598441,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/26\/ora-developers-launches-zed-development-in-sheikh-zayed\/","url_meta":{"origin":568734,"position":4},"title":"Ora Developers launches ZED development in Sheikh Zayed","author":"enterpriseam admin","date":"26 May 2019","format":false,"excerpt":"Bn\u2019aire Naguib Sawiris\u2019 Ora Developers launched its EGP 35 bn project ZED Park in Sheikh Zayed, the company said in a statement (pdf). The first phase of the project was sold out in a week, CEO Haitham Mohamed said. 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The 165-feddan project must be completed within 10 years, according to the authority\u2019s decree.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568734","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=568734"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568734\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/568696"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=568734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=568734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=568734"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=568734"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=568734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}