{"id":596235,"date":"2019-08-21T04:00:55","date_gmt":"2019-08-21T04:00:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/inertia-bdc-sign-egp-575-loan-agreement-for-construction-work\/"},"modified":"2019-08-21T04:00:55","modified_gmt":"2019-08-21T04:00:55","slug":"inertia-bdc-sign-egp-575-loan-agreement-for-construction-work","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/inertia-bdc-sign-egp-575-loan-agreement-for-construction-work\/","title":{"rendered":"Inertia, BdC sign EGP 575 loan agreement for construction work"},"content":{"rendered":"

Inertia signed yesterday a five-year EGP 575 mn loan agreement with Banque du Caire, according to Reuters\u2019 Arabic service<\/a>. The money will be used to finance construction work at Inertia\u2019s flagship project Jefaira North Coast<\/a>, as well as other projects over the next two years. The company will have one year to repay the debt following the end of the loan period.<\/p>\n","protected":false},"excerpt":{"rendered":"

Inertia signed yesterday a five-year EGP 575 mn loan agreement with Banque du Caire, according to Reuters\u2019 Arabic service. The money will be used to finance construction work at Inertia\u2019s flagship project Jefaira North Coast, as well as other projects over the next two years. The company will have one year to repay the debt […]<\/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":[204,2372,130,7106,72,7087,875],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596235","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-construction","tag-debt","tag-enterpriseam","tag-finance","tag-new-administrative-capital","wpautop","entry"],"acf":{"mongo_id":"ed384774-1537-4277-9dbd-a86e30c6755e","is_powered_by":true,"section_story_id":"46245ff7-118d-4247-af39-7f5f14dc9289","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596207],"teaser":"","voice_url":""},"yoast_head":"\nInertia, BdC sign EGP 575 loan agreement for construction work - 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\/21\/inertia-bdc-sign-egp-575-loan-agreement-for-construction-work\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inertia, BdC sign EGP 575 loan agreement for construction work\" \/>\n<meta property=\"og:description\" content=\"Inertia signed yesterday a five-year EGP 575 mn loan agreement with Banque du Caire, according to Reuters\u2019 Arabic service. The money will be used to finance construction work at Inertia\u2019s flagship project Jefaira North Coast, as well as other projects over the next two years. The company will have one year to repay the debt […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/inertia-bdc-sign-egp-575-loan-agreement-for-construction-work\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-21T04:00:55+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\/08\/21\/inertia-bdc-sign-egp-575-loan-agreement-for-construction-work\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/inertia-bdc-sign-egp-575-loan-agreement-for-construction-work\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Inertia, BdC sign EGP 575 loan agreement for construction work\",\"datePublished\":\"2019-08-21T04:00:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/inertia-bdc-sign-egp-575-loan-agreement-for-construction-work\/\"},\"wordCount\":71,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"construction\",\"debt\",\"EnterpriseAM\",\"Finance\",\"new administrative capital\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/inertia-bdc-sign-egp-575-loan-agreement-for-construction-work\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/inertia-bdc-sign-egp-575-loan-agreement-for-construction-work\/\",\"name\":\"Inertia, BdC sign EGP 575 loan agreement for construction work - 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The company will use the loan to partially finance its construction\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":602337,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/european-university-in-egypt-in-talks-for-egp-750-mn-loan\/","url_meta":{"origin":596235,"position":2},"title":"European University in Egypt in talks for EGP 750 mn loan","author":"enterpriseam admin","date":"25 March 2019","format":false,"excerpt":"The European University in Egypt is in talks with banks, including Banque Misr and the National Bank of Egypt, for a EGP 750 mn loan, Al Mal reports. The university, located in the new administrative capital, will use the funds for the construction and operation of its first phase, which\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":604531,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/05\/acc-to-restructure-outstanding-loans-through-new-syndicated-loan\/","url_meta":{"origin":596235,"position":3},"title":"ACC to restructure outstanding loans through new syndicated loan","author":"enterpriseam admin","date":"5 December 2018","format":false,"excerpt":"Cement supplier Arabian Cement Company (ACC) is receiving a syndicated loan from the European Bank for Reconstruction and Development and CIB to restructure its USD 23 mn and EGP 499.3 mn outstanding debt to a local bank, according to a press release (pdf). 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