{"id":571575,"date":"2020-05-17T03:24:55","date_gmt":"2020-05-17T03:24:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/nbe-led-banking-consortium-in-negotiations-for-usd-600-mn-loan-to-red-sea-petroleum-refining-company\/"},"modified":"2020-05-17T03:24:55","modified_gmt":"2020-05-17T03:24:55","slug":"nbe-led-banking-consortium-in-negotiations-for-usd-600-mn-loan-to-red-sea-petroleum-refining-company","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/nbe-led-banking-consortium-in-negotiations-for-usd-600-mn-loan-to-red-sea-petroleum-refining-company\/","title":{"rendered":"NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company"},"content":{"rendered":"

The National Bank of Egypt (NBE) is leading negotiations with Qatar National Bank, CIB and the National Bank of Kuwait to form a consortium that will provide a USD 600 mn loan to the Red Sea Petroleum Refining Company, according to Al Mal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bank of Egypt (NBE) is leading negotiations with Qatar National Bank, CIB and the National Bank of Kuwait to form a consortium that will provide a USD 600 mn loan to the Red Sea Petroleum Refining Company, according to Al Mal.<\/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":[2372,240,7106,72,7087,248,3227],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571575","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-cib","tag-debt","tag-enterpriseam","tag-finance","tag-national-bank-of-egypt","tag-national-bank-of-kuwait","wpautop","entry"],"acf":{"mongo_id":"0eb11a14-61ca-4894-9f8a-bdc63355c826","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[571548],"teaser":"","voice_url":""},"yoast_head":"\nNBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company - 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\/17\/nbe-led-banking-consortium-in-negotiations-for-usd-600-mn-loan-to-red-sea-petroleum-refining-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Egypt (NBE) is leading negotiations with Qatar National Bank, CIB and the National Bank of Kuwait to form a consortium that will provide a USD 600 mn loan to the Red Sea Petroleum Refining Company, according to Al Mal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/nbe-led-banking-consortium-in-negotiations-for-usd-600-mn-loan-to-red-sea-petroleum-refining-company\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-17T03:24:55+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\/17\/nbe-led-banking-consortium-in-negotiations-for-usd-600-mn-loan-to-red-sea-petroleum-refining-company\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/nbe-led-banking-consortium-in-negotiations-for-usd-600-mn-loan-to-red-sea-petroleum-refining-company\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company\",\"datePublished\":\"2020-05-17T03:24:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/nbe-led-banking-consortium-in-negotiations-for-usd-600-mn-loan-to-red-sea-petroleum-refining-company\/\"},\"wordCount\":57,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"CIB\",\"debt\",\"EnterpriseAM\",\"Finance\",\"National Bank of Egypt\",\"National Bank of Kuwait\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/nbe-led-banking-consortium-in-negotiations-for-usd-600-mn-loan-to-red-sea-petroleum-refining-company\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/nbe-led-banking-consortium-in-negotiations-for-usd-600-mn-loan-to-red-sea-petroleum-refining-company\/\",\"name\":\"NBE-led banking consortium in negotiations for USD 600 mn loan to Red Sea Petroleum Refining Company - 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The company received offers from consortiums led by the National Bank of Egypt (NBE) and Kuwait National Bank, according to the sources, who\u2026","rel":"","context":"In "Banking + Finance"","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":639562,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/nbe-in-talks-to-renew-increase-borrowing-from-international-institutions-to-usd-600-mn\/","url_meta":{"origin":571575,"position":1},"title":"NBE in talks to renew, increase borrowing from international institutions to USD 600 mn","author":"enterpriseam admin","date":"31 October 2017","format":false,"excerpt":"The National Bank of Egypt (NBE) is in talks with a consortium of international financiers to renew and increase a loan to it to USD 600 mn, sources told Al Mal. 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The National Bank of Egypt (NBE) and Banque Misr will each contribute USD 150 mn, while Banque du Caire will pay the remaining USD 50 mn\u2026","rel":"","context":"In "Banking + Finance"","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":634996,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/bank-consortium-waiting-on-finance-ministry-to-lend-the-sca-c-usd-602-mn-sca-will-likely-look-abroad-for-financing-of-dredgers\/","url_meta":{"origin":571575,"position":3},"title":"Bank consortium waiting on Finance Ministry to lend the SCA c. USD 602 mn; SCA will likely look abroad for financing of dredgers","author":"enterpriseam admin","date":"30 January 2018","format":false,"excerpt":"A banking consortium is waiting on the Finance Ministry to issue a guarantee for a USD 602 mn loan for the Suez Canal Authority (SCA). The facility will finance several of the authority\u2019s planned construction projects, unnamed industry sources tell Al Shorouk. Consortium members include CIB, Banque Misr, NBE, AAIB,\u2026","rel":"","context":"In "Banking + Finance"","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":632087,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/01\/ebrd-led-consortium-agrees-to-renew-and-increase-value-of-nbe-loan-to-usd-750-mn\/","url_meta":{"origin":571575,"position":4},"title":"EBRD-led consortium agrees to renew and increase value of NBE loan to USD 750 mn","author":"enterpriseam admin","date":"1 February 2018","format":false,"excerpt":"A global banking consortium led by the European Bank for Reconstruction and Development (EBRD) has agreed to renew and increase the value of a loan agreement with the National Bank of Egypt to USD 750 mn, sources close to the matter told Al Mal. 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EUR 80 mn project to upgrade its mixed fertilizers facility, the company said in an EGX disclosure (pdf).","rel":"","context":"In "Banking + Finance"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571575","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=571575"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571575\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/571548"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=571575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=571575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=571575"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=571575"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=571575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}