{"id":571655,"date":"2020-05-19T03:59:53","date_gmt":"2020-05-19T03:59:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/hassan-allam-in-talks-with-banks-to-obtain-new-financing\/"},"modified":"2020-05-19T03:59:53","modified_gmt":"2020-05-19T03:59:53","slug":"hassan-allam-in-talks-with-banks-to-obtain-new-financing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/hassan-allam-in-talks-with-banks-to-obtain-new-financing\/","title":{"rendered":"Hassan Allam in talks with banks to obtain new financing"},"content":{"rendered":"

Our friends at Hassan Allam Holding are in talks with several unnamed banks to obtain financing for various projects under development in new cities, co-CEO Hassan Allam told Hapi Journal<\/a>, The company also hopes to be included within the CBE\u2019s subsidized loan program<\/a> which was recently extended to contractors, Allam said, adding that the company is still assessing its financing requirements.<\/p>\n","protected":false},"excerpt":{"rendered":"

Our friends at Hassan Allam Holding are in talks with several unnamed banks to obtain financing for various projects under development in new cities, co-CEO Hassan Allam told Hapi Journal, The company also hopes to be included within the CBE\u2019s subsidized loan program which was recently extended to contractors, Allam said, adding that the company […]<\/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":[2372,7106,72,890],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571655","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-debt","tag-enterpriseam","tag-hassan-allam-holding","wpautop","entry"],"acf":{"mongo_id":"1faac5d8-4995-4c0d-ab0d-a10e3cb6c0a9","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[571625],"teaser":"","voice_url":""},"yoast_head":"\nHassan Allam in talks with banks to obtain new financing - 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\/19\/hassan-allam-in-talks-with-banks-to-obtain-new-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hassan Allam in talks with banks to obtain new financing\" \/>\n<meta property=\"og:description\" content=\"Our friends at Hassan Allam Holding are in talks with several unnamed banks to obtain financing for various projects under development in new cities, co-CEO Hassan Allam told Hapi Journal, The company also hopes to be included within the CBE\u2019s subsidized loan program which was recently extended to contractors, Allam said, adding that the company […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/hassan-allam-in-talks-with-banks-to-obtain-new-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-19T03:59:53+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\/19\/hassan-allam-in-talks-with-banks-to-obtain-new-financing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/hassan-allam-in-talks-with-banks-to-obtain-new-financing\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Hassan Allam in talks with banks to obtain new financing\",\"datePublished\":\"2020-05-19T03:59:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/hassan-allam-in-talks-with-banks-to-obtain-new-financing\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"debt\",\"EnterpriseAM\",\"Hassan Allam Holding\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/hassan-allam-in-talks-with-banks-to-obtain-new-financing\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/hassan-allam-in-talks-with-banks-to-obtain-new-financing\/\",\"name\":\"Hassan Allam in talks with banks to obtain new financing - 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The National Bank of Egypt has presented the company with a financing offer for the loan, the report adds. Ezz\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":545638,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/06\/hassan-allam-properties-takes-out-egp-1-8-bn-loan-for-west-cairo-development\/","url_meta":{"origin":571655,"position":1},"title":"Hassan Allam Properties takes out EGP 1.8 bn loan for West Cairo development","author":"enterpriseam admin","date":"6 April 2022","format":false,"excerpt":"A Hassan Allam Properties subsidiary has secured EGP 1.8 bn in financing from the National Bank of Egypt (NBE) and AAIB to finance its residential project Swan Lake West in Sixth of October, according to a statement (pdf).The project: The financing is set to accelerate construction at Swan Lake West,\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/142.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600596,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/04\/hassan-allam-taqa-complete-construction-of-egp-1-35-bn-benban-solar-plant\/","url_meta":{"origin":571655,"position":2},"title":"Hassan Allam, TAQA complete construction of EGP 1.35 bn Benban solar plant","author":"enterpriseam admin","date":"4 February 2019","format":false,"excerpt":"EXCLUSIVE- Hassan Allam-TAQA consortium to start operations this month at EGP 1.35 bn Benban solar plant: Hassan Allam Utilities and Qalaa Holdings subsidiary TAQA Arabia have completed construction on their EGP 1.35 bn, 50 MW solar power plant in Aswan\u2019s Benban complex, a source close to the matter told us.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572309,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/21\/hassan-allam-signs-usd-89-mn-agreement-to-develop-afghan-power-plant\/","url_meta":{"origin":571655,"position":3},"title":"Hassan Allam signs USD 89 mn agreement to develop Afghan power plant","author":"enterpriseam admin","date":"21 June 2020","format":false,"excerpt":"Hassan Allam signs USD 89 mn agreement for Afghan power plant: Hassan Allam Utilities has signed a USD 89 mn debt financing package with Ghazanfar Group\u2019s Afghan Power Plant Company to develop a 59 MW gas power plant in northern Afghanistan\u2019s Mazar Sharif, a company statement said on Thursday. The\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602382,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/hassan-allam-in-talks-with-government-over-two-desalination-plants\/","url_meta":{"origin":571655,"position":4},"title":"Hassan Allam in talks with government over two desalination plants","author":"enterpriseam admin","date":"26 March 2019","format":false,"excerpt":"The government is in talks with Hassan Allam Holdings to construct two water desalination and sewage treatment plants at a cost of EGP 2 bn, according to the local press. Final studies are currently underway to determine the cost of selling the water to the government.","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602980,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/11\/hassan-allam-abdul-latif-jameel-form-jv-for-developing-investing-in-water-projects\/","url_meta":{"origin":571655,"position":5},"title":"Hassan Allam, Abdul Latif Jameel form JV for developing, investing in water projects","author":"enterpriseam admin","date":"11 April 2019","format":false,"excerpt":"INVESTMENT WATCH- Hassan Allam, Abdul Latif Jameel form JV to develop and invest in water projects: Hassan Allam Holding and Abdul Latif Jameel have established a joint venture company to develop and invest in water projects in Egypt, according to a company statement (pdf). 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