{"id":593733,"date":"2019-10-08T04:00:22","date_gmt":"2019-10-08T04:00:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/08\/national-bank-of-egypt-qnb-provide-egp-1-7-bn-loan-to-redcon-construction\/"},"modified":"2019-10-08T04:00:22","modified_gmt":"2019-10-08T04:00:22","slug":"national-bank-of-egypt-qnb-provide-egp-1-7-bn-loan-to-redcon-construction","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/08\/national-bank-of-egypt-qnb-provide-egp-1-7-bn-loan-to-redcon-construction\/","title":{"rendered":"National Bank of Egypt, QNB provide EGP 1.7 bn loan to Redcon Construction"},"content":{"rendered":"

The National Bank of Egypt (NBE) and Qatar National Bank are providing a EGP 1.7 bn syndicated loan to Redcon Construction<\/a>, according to Al Mal<\/a>. The money will finance the company\u2019s contracting operations to build multi-purpose towers in New Alamein City.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bank of Egypt (NBE) and Qatar National Bank are providing a EGP 1.7 bn syndicated loan to Redcon Construction, according to Al Mal. The money will finance the company\u2019s contracting operations to build multi-purpose towers in New Alamein City.<\/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":[2372,72,7087,248,2293,625,1777],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-593733","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","tag-finance","tag-national-bank-of-egypt","tag-new-alamein","tag-qnb-alahli","tag-redcon-construction","wpautop","entry"],"acf":{"mongo_id":"ca62e2c0-4790-4ce8-abbf-3bfe052f6a3f","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[593698],"teaser":"","voice_url":""},"yoast_head":"\nNational Bank of Egypt, QNB provide EGP 1.7 bn loan to Redcon Construction - 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\/10\/08\/national-bank-of-egypt-qnb-provide-egp-1-7-bn-loan-to-redcon-construction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Bank of Egypt, QNB provide EGP 1.7 bn loan to Redcon Construction\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Egypt (NBE) and Qatar National Bank are providing a EGP 1.7 bn syndicated loan to Redcon Construction, according to Al Mal. 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Redcon Construction + MSMEDA","author":"enterpriseam admin","date":"6 October 2020","format":false,"excerpt":"Redcon Construction has signed a EGP 625 mn syndicated loan agreement with the National Bank of Egypt and Qatar National Bank to help finance the construction of several towers in New Alamein, according to Al Mal. 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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":650016,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/eg-bank-qnb-to-fund-21-of-electricity-holding-companys-egp-20-bn-loan\/","url_meta":{"origin":593733,"position":4},"title":"EG Bank, QNB to fund 21% of Electricity Holding Company\u2019s EGP 20 bn loan","author":"enterpriseam admin","date":"14 March 2017","format":false,"excerpt":"The Egyptian Gulf Bank (EG Bank) and Qatar National Bank (QNB) will fund 21% of a EGP 20 bn facility for the Egyptian Electricity Holding Company (EEHC), Al Mal reports. EG Bank will provide EGP 2.5 bn, QNB will contribute with EGP 1.7 bn. 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