{"id":592850,"date":"2019-11-07T04:11:03","date_gmt":"2019-11-07T04:11:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas\/"},"modified":"2019-11-07T04:11:03","modified_gmt":"2019-11-07T04:11:03","slug":"sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas\/","title":{"rendered":"SME Authority to provide EGP 800 mn to convert 10k car engines to natgas"},"content":{"rendered":"

The SME Development Authority is doling out EGP 800 mn to the Natural Gas Vehicles Company (Cargas) and Gastec to finance the conversion of 10k cars to run on natural gas, Al Mal reported<\/a>. The government is planning to have at least 50k car owners<\/a> install dual-fuel natgas\/gasoline engines, requiring no down payments and offering flexible, simplified payment terms. Some 33k vehicles in Egypt converted to natural gas in 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"

The SME Development Authority is doling out EGP 800 mn to the Natural Gas Vehicles Company (Cargas) and Gastec to finance the conversion of 10k cars to run on natural gas, Al Mal reported. The government is planning to have at least 50k car owners install dual-fuel natgas\/gasoline engines, requiring no down payments and offering […]<\/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":[9291],"tags":[2370,72,819,3528,91,287],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592850","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","tag-fuel","tag-gastec","tag-oil-and-gas","tag-smes","wpautop","entry"],"acf":{"mongo_id":"272df32a-bd58-4781-8fe4-2b5c529ce10a","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[592820],"teaser":"","voice_url":""},"yoast_head":"\nSME Authority to provide EGP 800 mn to convert 10k car engines to natgas - 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\/11\/07\/sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SME Authority to provide EGP 800 mn to convert 10k car engines to natgas\" \/>\n<meta property=\"og:description\" content=\"The SME Development Authority is doling out EGP 800 mn to the Natural Gas Vehicles Company (Cargas) and Gastec to finance the conversion of 10k cars to run on natural gas, Al Mal reported. The government is planning to have at least 50k car owners install dual-fuel natgas\/gasoline engines, requiring no down payments and offering […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-07T04:11:03+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\/2019\/11\/07\/sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SME Authority to provide EGP 800 mn to convert 10k car engines to natgas\",\"datePublished\":\"2019-11-07T04:11:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas\/\"},\"wordCount\":82,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\",\"fuel\",\"Gastec\",\"oil and gas\",\"SMEs\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/sme-authority-to-provide-egp-800-mn-to-convert-10k-car-engines-to-natgas\/\",\"name\":\"SME Authority to provide EGP 800 mn to convert 10k car engines to natgas - 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Qalaa Holdings\u2019 energy distributor was announced last week as a private sector partner that will help expand\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/93.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573798,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/egypt-earmarks-egp-1-2-bn-in-financing-for-the-countrys-natgas-transition\/","url_meta":{"origin":592850,"position":2},"title":"Egypt earmarks EGP 1.2 bn in financing for the country\u2019s natgas transition","author":"enterpriseam admin","date":"18 August 2020","format":false,"excerpt":"Gov\u2019t, CBE lay down framework for EGP 1.2 bn on-lending program for the country\u2019s natgas transition: The Trade and Industry Ministry, the Central Bank of Egypt (CBE), and the MSME Development Agency are setting up a financing program through the country\u2019s banks to extend EGP 1.2 bn in low-interest loans\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":562753,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/06\/more-natgas-microbuses-are-coming\/","url_meta":{"origin":592850,"position":3},"title":"More natgas microbuses are coming","author":"enterpriseam admin","date":"6 June 2021","format":false,"excerpt":"Owners of microbuses that are 20+ years old will be able to apply for the first phase of the government\u2019s natgas vehicle swap scheme starting July, Finance Minister Mohamed Maait said in a statement. 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