{"id":571336,"date":"2020-05-07T04:00:42","date_gmt":"2020-05-07T04:00:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/midelec-to-borrow-eur-30-mn-to-boost-power-to-midor-refinery\/"},"modified":"2020-05-07T04:00:42","modified_gmt":"2020-05-07T04:00:42","slug":"midelec-to-borrow-eur-30-mn-to-boost-power-to-midor-refinery","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/midelec-to-borrow-eur-30-mn-to-boost-power-to-midor-refinery\/","title":{"rendered":"MidElec to borrow EUR 30 mn to boost power to Midor refinery"},"content":{"rendered":"

Midor\u2019s electricity company, MidElec, has signed a EUR 30 mn loan agreement with a consortium of four banks to increase the capacity of its power plant which supplies the company\u2019s oil refinery<\/a>, Al Mal reports<\/a>, citing informed sources. The company will borrow EUR 12 mn from both the National Bank of Egypt and Credit Agricole, EUR 3 mn from the Suez Canal Bank, and EUR 3 mn from Faisal Islamic Bank. The loan has a nine-year repayment term.<\/p>\n","protected":false},"excerpt":{"rendered":"

Midor\u2019s electricity company, MidElec, has signed a EUR 30 mn loan agreement with a consortium of four banks to increase the capacity of its power plant which supplies the company\u2019s oil refinery, Al Mal reports, citing informed sources. The company will borrow EUR 12 mn from both the National Bank of Egypt and Credit Agricole, […]<\/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":[2372,205,72,3646,4459,248,1164],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571336","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-credit-agricole","tag-enterpriseam","tag-faisal-islamic-bank","tag-midor","tag-national-bank-of-egypt","tag-suez-canal-bank","wpautop","entry"],"acf":{"mongo_id":"2a2fd71a-6f9c-4b47-9236-7cc943e2f524","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[571310],"teaser":"","voice_url":""},"yoast_head":"\nMidElec to borrow EUR 30 mn to boost power to Midor refinery - 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\/05\/07\/midelec-to-borrow-eur-30-mn-to-boost-power-to-midor-refinery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MidElec to borrow EUR 30 mn to boost power to Midor refinery\" \/>\n<meta property=\"og:description\" content=\"Midor\u2019s electricity company, MidElec, has signed a EUR 30 mn loan agreement with a consortium of four banks to increase the capacity of its power plant which supplies the company\u2019s oil refinery, Al Mal reports, citing informed sources. The company will borrow EUR 12 mn from both the National Bank of Egypt and Credit Agricole, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/midelec-to-borrow-eur-30-mn-to-boost-power-to-midor-refinery\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-07T04:00:42+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\/05\/07\/midelec-to-borrow-eur-30-mn-to-boost-power-to-midor-refinery\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/midelec-to-borrow-eur-30-mn-to-boost-power-to-midor-refinery\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MidElec to borrow EUR 30 mn to boost power to Midor refinery\",\"datePublished\":\"2020-05-07T04:00:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/midelec-to-borrow-eur-30-mn-to-boost-power-to-midor-refinery\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"Credit Agricole\",\"EnterpriseAM\",\"Faisal Islamic Bank\",\"MIDOR\",\"National Bank of Egypt\",\"Suez Canal Bank\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/midelec-to-borrow-eur-30-mn-to-boost-power-to-midor-refinery\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/midelec-to-borrow-eur-30-mn-to-boost-power-to-midor-refinery\/\",\"name\":\"MidElec to borrow EUR 30 mn to boost power to Midor refinery - 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