{"id":569244,"date":"2020-02-18T04:33:21","date_gmt":"2020-02-18T04:33:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/18\/four-international-institutions-team-up-to-develop-hospitals-in-egypt-and-morocco-using-commodity-murabaha-finance-structure\/"},"modified":"2020-02-18T04:33:21","modified_gmt":"2020-02-18T04:33:21","slug":"four-international-institutions-team-up-to-develop-hospitals-in-egypt-and-morocco-using-commodity-murabaha-finance-structure","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/18\/four-international-institutions-team-up-to-develop-hospitals-in-egypt-and-morocco-using-commodity-murabaha-finance-structure\/","title":{"rendered":"Four international institutions team up to develop hospitals in Egypt and Morocco using Commodity Murabaha finance structure"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>INVESTMENT WATCH- EBRD and IFC are among backers of a new greenfield hospital in <\/strong><strong>Alexandria. <\/strong>Al Batterjia Medical Group, <a href=\"http:\/\/www.baitalbatterjee.com\/our-companies\/\">a corporate cousin<\/a> of Tadawul-listed Saudi-German Hospital Group, will build a greenfield hospital in Alexandria and another in Morocco\u2019s Casablanca with USD 125 mn in financing from lenders including the European Bank for Reconstruction and Development, <a href=\"https:\/\/ent.news\/2020\/2\/EBRD-Hospital-Services-Development-EN.pdf\">according<\/a><a href=\"https:\/\/ent.news\/2020\/2\/EBRD-Hospital-Services-Development-EN.pdf\">to an EBRD statement (<\/a><a href=\"https:\/\/ent.news\/2020\/2\/EBRD-Hospital-Services-Development-EN.pdf\">pdf)<\/a>. The shariah-compliant funding takes the form of a \u201ccommodity murabaha.\u201d Participants in the transaction also include the International Finance Corporation, the OPEC Fund for International Development, and the Finnish Fund for Industrial Cooperation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- EBRD and IFC are among backers of a new greenfield hospital in Alexandria. Al Batterjia Medical Group, a corporate cousin of Tadawul-listed Saudi-German Hospital Group, will build a greenfield hospital in Alexandria and another in Morocco\u2019s Casablanca with USD 125 mn in financing from lenders including the European Bank for Reconstruction and Development, [&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":[8572],"tags":[4611,571,72,4610,7115,759,4559,316,128,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569244","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-commodity-murabaha","tag-ebrd","tag-enterpriseam","tag-funding-facility","tag-healthcare","tag-international-finance-corporation","tag-islamic-banking","tag-morocco","tag-opec","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1905d036-4f3f-4ebe-be08-231aa2c5dd9f","is_powered_by":true,"section_story_id":"e4a098de-32b7-4881-94da-f3af426608b7","story_type":"1","photo_url":"","photo_position":"above","related_issue":[569232],"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>Four international institutions team up to develop hospitals in Egypt and Morocco using Commodity Murabaha finance structure - 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\/18\/four-international-institutions-team-up-to-develop-hospitals-in-egypt-and-morocco-using-commodity-murabaha-finance-structure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Four international institutions team up to develop hospitals in Egypt and Morocco using Commodity Murabaha finance structure\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- EBRD and IFC are among backers of a new greenfield hospital in Alexandria. Al Batterjia Medical Group, a corporate cousin of Tadawul-listed Saudi-German Hospital Group, will build a greenfield hospital in Alexandria and another in Morocco\u2019s Casablanca with USD 125 mn in financing from lenders including the European Bank for Reconstruction and Development, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/18\/four-international-institutions-team-up-to-develop-hospitals-in-egypt-and-morocco-using-commodity-murabaha-finance-structure\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-18T04:33:21+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\/18\/four-international-institutions-team-up-to-develop-hospitals-in-egypt-and-morocco-using-commodity-murabaha-finance-structure\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/18\/four-international-institutions-team-up-to-develop-hospitals-in-egypt-and-morocco-using-commodity-murabaha-finance-structure\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Four international institutions team up to develop hospitals in Egypt and Morocco using Commodity Murabaha finance structure\",\"datePublished\":\"2020-02-18T04:33:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/18\/four-international-institutions-team-up-to-develop-hospitals-in-egypt-and-morocco-using-commodity-murabaha-finance-structure\/\"},\"wordCount\":111,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"commodity murabaha\",\"EBRD\",\"EnterpriseAM\",\"funding facility\",\"healthcare\",\"International Finance Corporation\",\"Islamic Banking\",\"Morocco\",\"OPEC\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/18\/four-international-institutions-team-up-to-develop-hospitals-in-egypt-and-morocco-using-commodity-murabaha-finance-structure\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/18\/four-international-institutions-team-up-to-develop-hospitals-in-egypt-and-morocco-using-commodity-murabaha-finance-structure\/\",\"name\":\"Four international institutions team up to develop hospitals in Egypt and Morocco using Commodity Murabaha finance structure - 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