{"id":571071,"date":"2020-04-28T03:32:46","date_gmt":"2020-04-28T03:32:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/28\/nra-in-talks-with-banque-misr-national-bank-of-egypt-for-egp-3-bn-loan\/"},"modified":"2020-04-28T03:32:46","modified_gmt":"2020-04-28T03:32:46","slug":"nra-in-talks-with-banque-misr-national-bank-of-egypt-for-egp-3-bn-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/28\/nra-in-talks-with-banque-misr-national-bank-of-egypt-for-egp-3-bn-loan\/","title":{"rendered":"NRA in talks with Banque Misr, National Bank of Egypt for EGP 3 bn loan"},"content":{"rendered":"<p>The National Railways Authority is closing in on a EGP 3 bn loan agreement with Banque Misr and the National Bank of Egypt to finance the authority\u2019s transition to an electric railway signaling system and the purchase of spare parts for its fleet, <a href=\"https:\/\/bit.ly\/3aGGy3H\">according to Al Mal<\/a>. NBE is the lead arranger for the loan, with each bank providing EGP 1.5 bn. The loan will carry a 16-year tenor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Railways Authority is closing in on a EGP 3 bn loan agreement with Banque Misr and the National Bank of Egypt to finance the authority\u2019s transition to an electric railway signaling system and the purchase of spare parts for its fleet, according to Al Mal. NBE is the lead arranger for the 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":[9291],"tags":[2370,576,7106,72,248,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571071","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-banque-misr","tag-debt","tag-enterpriseam","tag-national-bank-of-egypt","tag-transport","wpautop","entry"],"acf":{"mongo_id":"cb92a346-8d4e-4d38-9a84-4dad015bbc3c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[571045],"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>NRA in talks with Banque Misr, National Bank of Egypt for EGP 3 bn loan - 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\/04\/28\/nra-in-talks-with-banque-misr-national-bank-of-egypt-for-egp-3-bn-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NRA in talks with Banque Misr, National Bank of Egypt for EGP 3 bn loan\" \/>\n<meta property=\"og:description\" content=\"The National Railways Authority is closing in on a EGP 3 bn loan agreement with Banque Misr and the National Bank of Egypt to finance the authority\u2019s transition to an electric railway signaling system and the purchase of spare parts for its fleet, according to Al Mal. 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The loan will be used to partially finance MNHD\u2019s Saray 1 and Saray 2 real estate projects\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":571376,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/10\/banque-misr-to-arrange-loan-worth-up-to-egp-1-6-mn-to-damietta-furniture-city\/","url_meta":{"origin":571071,"position":1},"title":"Banque Misr to arrange loan worth up to EGP 1.6 mn to Damietta Furniture City","author":"enterpriseam admin","date":"10 May 2020","format":false,"excerpt":"Banque Misr will arrange a EGP 1.4-1.6 bn syndicated loan to Damietta Furniture City to help increase production and exports, Masrawy reports, citing unnamed banking sources. The National Bank of Egypt, the Egyptian Arab Land Bank, and the Export Development Bank are in talks to participate in the loan.","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":642549,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/nbe-banque-misr-arranging-egp-3-bn-loan-for-general-petroleum-company\/","url_meta":{"origin":571071,"position":2},"title":"NBE, Banque Misr arranging EGP 3 bn loan for General Petroleum Company","author":"enterpriseam admin","date":"16 August 2017","format":false,"excerpt":"The National Bank of Egypt and Banque Misr are arranging a EGP 3 bn facility for the General Petroleum Company (GPC) to finance exploration and drilling operations, as well as debt restructuring, Al Mal reports. NBE and Banque Misr are in talks with a number of banks including the Egyptian\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649130,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week\/","url_meta":{"origin":571071,"position":3},"title":"EETC to sign EGP 18 bn loan agreement with NBE, Banque Misr this week","author":"enterpriseam admin","date":"23 April 2017","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) is expected to sign an EGP 18 bn loan with the National Bank of Egypt and Banque Misr this week, EETC head Gamal Abdel Rehim tells Al Borsa. 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No further details were announced.","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":573235,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/nbe-manages-egp-3-5-bn-joint-loan-for-ezz-steel\/","url_meta":{"origin":571071,"position":5},"title":"NBE manages EGP 3.5 bn joint loan for Ezz Steel","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"The National Bank of Egypt (NBE) is managing a EGP 3.5 bn joint loan for the Ezz Steel Group to increase its working capital, Al Shorouk reports, citing unnamed informed sources. NBE, the AAIB, Banque Misr and Banque du Caire are all participating in the loan. 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