{"id":571971,"date":"2020-06-07T04:47:31","date_gmt":"2020-06-07T04:47:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/"},"modified":"2020-06-07T04:47:31","modified_gmt":"2020-06-07T04:47:31","slug":"elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/","title":{"rendered":"Elsewedy Electric eyes EGP 800 mn-1 bn loan for 6 October Dry port"},"content":{"rendered":"

Elsewedy Electric is in talks with local banks to arrange a loan between EGP 800 mn and EGP 1 bn to finance the first phase of the 6 October Dry port project, which it is constructing alongside 3A International and Schenker Egypt, according to Al Shorouk<\/a>. The phase is expected to cost USD 176 mn, the newspaper says.<\/p>\n","protected":false},"excerpt":{"rendered":"

Elsewedy Electric is in talks with local banks to arrange a loan between EGP 800 mn and EGP 1 bn to finance the first phase of the 6 October Dry port project, which it is constructing alongside 3A International and Schenker Egypt, according to Al Shorouk. The phase is expected to cost USD 176 mn, […]<\/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":[204,2372,7106,152,72,213,145],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571971","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-debt","tag-elsewedy-electric","tag-enterpriseam","tag-infrastructure-watch","tag-logistics","wpautop","entry"],"acf":{"mongo_id":"a9c68cc5-1521-46c0-b184-b3dbb38e7454","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[571943],"teaser":"","voice_url":""},"yoast_head":"\nElsewedy Electric eyes EGP 800 mn-1 bn loan for 6 October Dry port - 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\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elsewedy Electric eyes EGP 800 mn-1 bn loan for 6 October Dry port\" \/>\n<meta property=\"og:description\" content=\"Elsewedy Electric is in talks with local banks to arrange a loan between EGP 800 mn and EGP 1 bn to finance the first phase of the 6 October Dry port project, which it is constructing alongside 3A International and Schenker Egypt, according to Al Shorouk. The phase is expected to cost USD 176 mn, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-07T04:47:31+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\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Elsewedy Electric eyes EGP 800 mn-1 bn loan for 6 October Dry port\",\"datePublished\":\"2020-06-07T04:47:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/\"},\"wordCount\":65,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"debt\",\"Elsewedy Electric\",\"EnterpriseAM\",\"infrastructure watch\",\"logistics\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/\",\"name\":\"Elsewedy Electric eyes EGP 800 mn-1 bn loan for 6 October Dry port - 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Elsewedy will mainly direct\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578525,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/03\/elsewedy-electric-proposes-egp-20-bn-industrial-zone-west-of-cairo\/","url_meta":{"origin":571971,"position":1},"title":"Elsewedy Electric proposes EGP 20 bn industrial zone west of Cairo","author":"enterpriseam admin","date":"3 January 2023","format":false,"excerpt":"Elsewedy Electric wants to build an industrial park in New 6 October City: Elsewedy Electric is in talks with the government to build a new industrial zone in New 6 October City and will soon look to draw up contracts for the project, according to a cabinet statement. The three-phase\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/40.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596601,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric\/","url_meta":{"origin":571971,"position":2},"title":"NBG agrees to issue EUR 41.7 mn loan for Elsewedy Electric","author":"enterpriseam admin","date":"2 July 2019","format":false,"excerpt":"The National Bank of Greece has agreed to issue a EUR 41.7 mn loan for Elsewedy Electric, it said in a press release. The long-term facility will be used to partially finance Elsewedy\u2019s acquisition of four Greek renewable energy companies.","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":598617,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/29\/elsewedy-electric-agrees-to-eur-42-mn-loan-from-national-bank-of-greece\/","url_meta":{"origin":571971,"position":3},"title":"Elsewedy Electric agrees to EUR 42 mn loan from National Bank of Greece","author":"enterpriseam admin","date":"29 May 2019","format":false,"excerpt":"Elsewedy Electric\u2019s board of directors approved yesterday receiving a EUR 42 mn loan from the National Bank of Greece, according to an EGX disclosure (pdf). No details were provided on what the loan will be used for.","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":549695,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/27\/elsewedy-electric-secures-egp-2-bn-in-islamic-financing\/","url_meta":{"origin":571971,"position":4},"title":"Elsewedy Electric secures EGP 2 bn in Islamic financing","author":"enterpriseam admin","date":"27 September 2022","format":false,"excerpt":"Elsewedy Electric has secured EGP 2 bn in Islamic financing from a banking consortium led by Abu Dhabi Islamic Bank (ADIB), according to a statement (pdf). The financing will help the company and its subsidiaries expand activities, the statement read. Who else is involved? 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Baker McKenzie\u2019s Cairo-based law firm Helmy Hamza & Partners acted as legal counsel to the bank on the agreement, the sources said.","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\/571971","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=571971"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571971\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/571943"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=571971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=571971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=571971"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=571971"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=571971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}