{"id":595695,"date":"2019-08-04T04:00:06","date_gmt":"2019-08-04T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/mts-signs-egp-760-mn-loan-agreement-with-the-national-bank-of-egypt-for-window-project\/"},"modified":"2019-08-04T04:00:06","modified_gmt":"2019-08-04T04:00:06","slug":"mts-signs-egp-760-mn-loan-agreement-with-the-national-bank-of-egypt-for-window-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/mts-signs-egp-760-mn-loan-agreement-with-the-national-bank-of-egypt-for-window-project\/","title":{"rendered":"MTS signs EGP 760 mn loan agreement with the National Bank of Egypt for \u201cwindow project\u201d"},"content":{"rendered":"

Public-private special purpose vehicle (SPV) Misr for Technology Services (MTS) has signed a EGP 760 mn loan agreement with the National Bank of Egypt for its project to set up a one-stop shop for customs clearance, the domestic press reports<\/a>. The proceeds will be used to finance part of the government\u2019s in-the-works c. EGP 1 bn \u201cwindow project,\u201d which will streamline the process of settling customs payments for exporters and importers. The project will establish a centralized data center and 19 logistics centers across Egypt, removing the need for companies to interact with multiple government agencies. Local media reported<\/a> in January that the project would be piloted at Cairo International Airport\u2019s logistics center. MTS is 20% owned by private sector player Amiral Management Corporation<\/a> (AMC) and 80% owned by the state-owned fintech company e-Finance.<\/p>\n","protected":false},"excerpt":{"rendered":"

Public-private special purpose vehicle (SPV) Misr for Technology Services (MTS) has signed a EGP 760 mn loan agreement with the National Bank of Egypt for its project to set up a one-stop shop for customs clearance, the domestic press reports. The proceeds will be used to finance part of the government\u2019s in-the-works c. EGP 1 […]<\/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":[204,2372,72,145,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595695","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-enterpriseam","tag-logistics","tag-tax","wpautop","entry"],"acf":{"mongo_id":"3a28a624-8c56-4cf1-97b0-a2d0e6fac1ea","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595665],"teaser":"","voice_url":""},"yoast_head":"\nMTS signs EGP 760 mn loan agreement with the National Bank of Egypt for \u201cwindow project\u201d - 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\/08\/04\/mts-signs-egp-760-mn-loan-agreement-with-the-national-bank-of-egypt-for-window-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTS signs EGP 760 mn loan agreement with the National Bank of Egypt for \u201cwindow project\u201d\" \/>\n<meta property=\"og:description\" content=\"Public-private special purpose vehicle (SPV) Misr for Technology Services (MTS) has signed a EGP 760 mn loan agreement with the National Bank of Egypt for its project to set up a one-stop shop for customs clearance, the domestic press reports. The proceeds will be used to finance part of the government\u2019s in-the-works c. 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The consortium also includes the Export Development Bank Of Egypt, the Industrial Development Bank, and\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":571971,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/","url_meta":{"origin":595695,"position":2},"title":"Elsewedy Electric eyes EGP 800 mn-1 bn loan for 6 October Dry port","author":"enterpriseam admin","date":"7 June 2020","format":false,"excerpt":"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\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":571576,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/misr-italia-receives-egp-650-mn-loan-for-new-cairo-business-park\/","url_meta":{"origin":595695,"position":3},"title":"Misr Italia receives EGP 650 mn loan for New Cairo business park","author":"enterpriseam admin","date":"17 May 2020","format":false,"excerpt":"Misr Italia for Urban Development has received a EGP 650 mn joint loan from the National Bank of Egypt (NBE), the Egyptian Gulf Bank and the Arab Investment Bank (AIB) to finance the construction of Cairo Business Park in New Cairo, according to Al Shorouk. The project will see the\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":593882,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/saudi-egyptian-construction-co-signs-egp-1-bn-loan-agreement-with-nbe\/","url_meta":{"origin":595695,"position":4},"title":"Saudi Egyptian Construction Co signs EGP 1 bn loan agreement with NBE","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"The Saudi Egyptian Construction Company (SECON) has signed a EGP 1 bn loan agreement with the National Bank of Egypt (NBE) to finance works at its SECON Nile Towers project, Secon CEO Mohamed Al Taher said. The company will use the loan to fund part of its EGP 3.5 bn\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":595341,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/nbe-to-arrange-joint-egp-1-bn-loan-for-secon\/","url_meta":{"origin":595695,"position":5},"title":"NBE to arrange joint EGP 1 bn loan for SECON","author":"enterpriseam admin","date":"23 September 2019","format":false,"excerpt":"The National Bank of Egypt (NBE) aims to arrange a EGP 1 bn joint loan for the Saudi Egyptian Company for Development (SECON), banking sources told Al Shorouk without naming the other parties involved. 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