{"id":576188,"date":"2020-11-12T03:58:28","date_gmt":"2020-11-12T03:58:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/"},"modified":"2020-11-12T03:58:28","modified_gmt":"2020-11-12T03:58:28","slug":"nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/","title":{"rendered":"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks"},"content":{"rendered":"

The National Bank of Egypt finalizing talks to provide a EGP 200 mn credit facility to El<\/a>Marakby Steel<\/a>, according to Al Mal<\/a>, citing unnamed sources close to the negotiations. The credit facility would come as a larger EGP 370 mn joint facility with an unnamed private bank to provide the remaining EGP 170 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bank of Egypt finalizing talks to provide a EGP 200 mn credit facility to ElMarakby Steel, according to Al Mal, citing unnamed sources close to the negotiations. The credit facility would come as a larger EGP 370 mn joint facility with an unnamed private bank to provide the remaining EGP 170 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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-576188","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"454b980f-5615-4b74-8260-3301e42aacd2","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[576163],"teaser":"","voice_url":""},"yoast_head":"\nNBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks - 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\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Egypt finalizing talks to provide a EGP 200 mn credit facility to ElMarakby Steel, according to Al Mal, citing unnamed sources close to the negotiations. The credit facility would come as a larger EGP 370 mn joint facility with an unnamed private bank to provide the remaining EGP 170 mn.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T03:58:28+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\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks\",\"datePublished\":\"2020-11-12T03:58:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/\"},\"wordCount\":65,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/\",\"name\":\"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-11-12T03:58:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/","og_locale":"en_US","og_type":"article","og_title":"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks","og_description":"The National Bank of Egypt finalizing talks to provide a EGP 200 mn credit facility to ElMarakby Steel, according to Al Mal, citing unnamed sources close to the negotiations. The credit facility would come as a larger EGP 370 mn joint facility with an unnamed private bank to provide the remaining EGP 170 mn.","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-11-12T03:58:28+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks","datePublished":"2020-11-12T03:58:28+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/"},"wordCount":65,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["BANKING + FINANCE","EnterpriseAM"],"articleSection":["Banking + Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/","name":"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-11-12T03:58:28+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/nbe-could-provide-egp-200-mn-credit-facility-for-el-marakby-steel-within-weeks\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"NBE could provide EGP 200 mn credit facility for El Marakby Steel within weeks"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":573817,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/efgs-valu-is-in-talks-with-egyptian-banks-for-egp-250-mn-credit-facility\/","url_meta":{"origin":576188,"position":0},"title":"EFG\u2019s ValU is in talks with Egyptian banks for EGP 250 mn credit facility","author":"enterpriseam admin","date":"18 August 2020","format":false,"excerpt":"EFG Hermes\u2019 e-finance platform ValU is currently in talks with several unnamed banks for a new EGP 250 mn credit facility, CEO Mohamed El Feky said yesterday, according to Hapi Journal. The firm has already received offers for the loan and expects to sign final agreements before the year is\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":575014,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/nbe-provides-ibn-sina-pharma-with-a-egp-250-mn-short-term-credit-facility\/","url_meta":{"origin":576188,"position":1},"title":"NBE provides Ibn Sina Pharma with a EGP 250 mn short-term credit facility","author":"enterpriseam admin","date":"29 September 2020","format":false,"excerpt":"The National Bank of Egypt will increase the size of Ibnsina Pharma\u2019s short-term credit facility to EGP 250 mn to fund working capital, according to an EGX filing (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":[]},{"id":571657,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/19\/al-ezz-dekheila-steel-in-talks-with-local-banks-for-egp-3-bn-loan-to-finance-working-capital\/","url_meta":{"origin":576188,"position":2},"title":"Al Ezz Dekheila Steel in talks with local banks for EGP 3 bn loan to finance working capital","author":"enterpriseam admin","date":"19 May 2020","format":false,"excerpt":"Al Ezz Dekheila Steel is in talks with local banks for an EGP 3 bn facility to finance working capital, Al Shorouk reports, quoting unnamed banking sources; the facility would reportedly include a USD 100 mn foreign currency tranche.","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":573235,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/nbe-manages-egp-3-5-bn-joint-loan-for-ezz-steel\/","url_meta":{"origin":576188,"position":3},"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. The steel company is\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":567075,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/12\/arab-african-bank-grants-egp-200-mn-in-credit-facilities-to-premium-intl\/","url_meta":{"origin":576188,"position":4},"title":"Arab African Bank grants EGP 200 mn in credit facilities to Premium Int\u2019l","author":"enterpriseam admin","date":"12 January 2020","format":false,"excerpt":"The Arab African Bank granted credit facilities worth EGP 200 mn to PremiumInternational for Credit Services to develop the company\u2019s consumer finance portfolio, according to Al Mal. The bank acted as co-underwriter in Premium\u2019s EGP 167 mn securitized bond issuance last October.","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":631183,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/12\/samcrete-in-talks-with-local-banks-for-egp-2-5-bn-credit-facility\/","url_meta":{"origin":576188,"position":5},"title":"Samcrete in talks with local banks for EGP 2.5 bn credit facility","author":"enterpriseam admin","date":"12 March 2018","format":false,"excerpt":"Real estate developer Samcrete is in talks with local banks for a EGP 2.5 bn credit facility to finance the contracting projects it has undertaken, an unnamed company source tells Al Mal. Samcrete is primarily negotiating with the National Bank of Egypt but is also in talks with other banks,\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576188","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=576188"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576188\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/576163"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=576188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=576188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=576188"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=576188"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=576188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}