{"id":592078,"date":"2019-12-25T04:24:28","date_gmt":"2019-12-25T04:24:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/damietta-furniture-city-signs-agreement-to-export-egp-100-mn-of-products\/"},"modified":"2019-12-25T04:24:28","modified_gmt":"2019-12-25T04:24:28","slug":"damietta-furniture-city-signs-agreement-to-export-egp-100-mn-of-products","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/damietta-furniture-city-signs-agreement-to-export-egp-100-mn-of-products\/","title":{"rendered":"Damietta Furniture City signs agreement to export EGP 100 mn of products"},"content":{"rendered":"

The <\/strong>Damietta Furniture City Company<\/a><\/strong> signed its first export agreement worth EGP 100 <\/strong>mn with unnamed US investors<\/strong>, according to the local press.<\/a> The first four shipments will start from next month. The Damietta Furniture City Company is a 331-feddan furniture manufacturing complex<\/a> that will be completed by 2022.<\/a> The project will include 150 furniture factories, some 1500 smaller workshops, exposition halls, banks, hotels and other facilities.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Damietta Furniture City Company signed its first export agreement worth EGP 100 mn with unnamed US investors, according to the local press. The first four shipments will start from next month. The Damietta Furniture City Company is a 331-feddan furniture manufacturing complex that will be completed by 2022. The project will include 150 furniture […]<\/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":[9285],"tags":[2398,72,1485,131,117],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592078","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","tag-ikea","tag-manufacturing","tag-us","wpautop","entry"],"acf":{"mongo_id":"dfcbcf38-f92a-4e17-bab8-3d7bd69414e1","is_powered_by":true,"section_story_id":"24d5b7a6-1f78-436b-b7dc-03cde01c6874","story_type":"1","photo_url":"","photo_position":"above","related_issue":[592056],"teaser":"","voice_url":""},"yoast_head":"\nDamietta Furniture City signs agreement to export EGP 100 mn of products - 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\/2019\/12\/25\/damietta-furniture-city-signs-agreement-to-export-egp-100-mn-of-products\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Damietta Furniture City signs agreement to export EGP 100 mn of products\" \/>\n<meta property=\"og:description\" content=\"The Damietta Furniture City Company signed its first export agreement worth EGP 100 mn with unnamed US investors, according to the local press. 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Company CEO Moataz Bahaa El Din expects the two banks to agree to the financing within a week.","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":571376,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/10\/banque-misr-to-arrange-loan-worth-up-to-egp-1-6-mn-to-damietta-furniture-city\/","url_meta":{"origin":592078,"position":1},"title":"Banque Misr to arrange loan worth up to EGP 1.6 mn to Damietta Furniture City","author":"enterpriseam admin","date":"10 May 2020","format":false,"excerpt":"Banque Misr will arrange a EGP 1.4-1.6 bn syndicated loan to Damietta Furniture City to help increase production and exports, Masrawy reports, citing unnamed banking sources. The National Bank of Egypt, the Egyptian Arab Land Bank, and the Export Development Bank are in talks to participate in the loan.","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":605044,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/damietta-furniture-city-military-production-ministry-to-build-egp-3-bn-mall\/","url_meta":{"origin":592078,"position":2},"title":"Damietta Furniture City, Military Production Ministry to build EGP 3 bn mall","author":"enterpriseam admin","date":"19 December 2018","format":false,"excerpt":"The Damietta Furniture City Company and a Military Production Ministry subsidiary will build a EGP 3 bn furniture mall in Damietta Furniture City, sources close to the matter said, according to Al Mal. 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