{"id":569344,"date":"2020-02-20T04:17:52","date_gmt":"2020-02-20T04:17:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egoth-signs-egp-400-mn-loan-agreement-with-nbe-to-renovate-mena-house\/"},"modified":"2020-02-20T04:17:52","modified_gmt":"2020-02-20T04:17:52","slug":"egoth-signs-egp-400-mn-loan-agreement-with-nbe-to-renovate-mena-house","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egoth-signs-egp-400-mn-loan-agreement-with-nbe-to-renovate-mena-house\/","title":{"rendered":"EGOTH signs EGP 400 mn loan agreement with NBE to renovate Mena House"},"content":{"rendered":"<p>The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 400 mn loan agreement with the National Bank of Egypt to fund the renovation of the historic palace adjacent to the Marriott Mena House hotel, <a href=\"http:\/\/bit.ly\/2uY7j4I\">reports Masrawy<\/a>. The funds will be drawn out from the EGP 50 bn set aside by local banks to support the tourism sector under a <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/16\/cbe-confirms-egp-50-bn-tourism-support-program-8498\/\">recently expanded<\/a> Central Bank of Egypt program.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 400 mn loan agreement with the National Bank of Egypt to fund the renovation of the historic palace adjacent to the Marriott Mena House hotel, reports Masrawy. The funds will be drawn out from the EGP 50 bn set aside by local [&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":[9298],"tags":[204,2372,7419,7106,72,955,83,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569344","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-culture","tag-debt","tag-enterpriseam","tag-hospitality","tag-real-estate","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"9fb1c60d-cf1b-4af7-9dc4-91e4a7d0a5f3","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[569310],"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>EGOTH signs EGP 400 mn loan agreement with NBE to renovate Mena House - 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\/20\/egoth-signs-egp-400-mn-loan-agreement-with-nbe-to-renovate-mena-house\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGOTH signs EGP 400 mn loan agreement with NBE to renovate Mena House\" \/>\n<meta property=\"og:description\" content=\"The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 400 mn loan agreement with the National Bank of Egypt to fund the renovation of the historic palace adjacent to the Marriott Mena House hotel, reports Masrawy. 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EGOTH \u2014 which is a subsidiary of The Holding\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":569885,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/10\/egoth-saudis-al-sharif-group-sign-egp-1-4-bn-agreement-to-refurbish-shepheard-hotel\/","url_meta":{"origin":569344,"position":2},"title":"EGOTH, Saudi\u2019s Al Sharif Group sign EGP 1.4 bn agreement to refurbish Shepheard Hotel","author":"enterpriseam admin","date":"10 March 2020","format":false,"excerpt":"The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 1.4 bn 35-year contract with Saudi Arabia\u2019s Al Sharif Group to refurbish downtown\u2019s long dormant Shepheard Hotel, the cabinet said in a statement. 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