{"id":596797,"date":"2019-07-08T04:00:34","date_gmt":"2019-07-08T04:00:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/nacc-begins-talks-with-major-banks-for-egp-20-bn-financing\/"},"modified":"2019-07-08T04:00:34","modified_gmt":"2019-07-08T04:00:34","slug":"nacc-begins-talks-with-major-banks-for-egp-20-bn-financing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/nacc-begins-talks-with-major-banks-for-egp-20-bn-financing\/","title":{"rendered":"NACC begins talks with major banks for EGP 20 bn financing"},"content":{"rendered":"

The New Administrative Capital Company (NACC) has begun preliminary talks with a number of local banks to secure EGP 20 bn in financing for infrastructure works and various investment plans, sources told Al Mal<\/a>. The National Bank of Egypt, Banque Misr, the Arab African International Bank, and CIB are all in talks with NACC, the sources said, adding that the lenders prefer a syndicated loan.<\/p>\n","protected":false},"excerpt":{"rendered":"

The New Administrative Capital Company (NACC) has begun preliminary talks with a number of local banks to secure EGP 20 bn in financing for infrastructure works and various investment plans, sources told Al Mal. The National Bank of Egypt, Banque Misr, the Arab African International Bank, and CIB are all in talks with NACC, the […]<\/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":[430,204,2372,576,240,72,7087,7111,248,3268],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596797","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-arab-african-international-bank","tag-banking","tag-banking-finance","tag-banque-misr","tag-cib","tag-enterpriseam","tag-finance","tag-infrastructure","tag-national-bank-of-egypt","tag-new-administrative-capital-company-for-urban-development","wpautop","entry"],"acf":{"mongo_id":"8ed3639d-eaa4-4505-9368-31fcadc8462d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[596764],"teaser":"","voice_url":""},"yoast_head":"\nNACC begins talks with major banks for EGP 20 bn financing - 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\/07\/08\/nacc-begins-talks-with-major-banks-for-egp-20-bn-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NACC begins talks with major banks for EGP 20 bn financing\" \/>\n<meta property=\"og:description\" content=\"The New Administrative Capital Company (NACC) has begun preliminary talks with a number of local banks to secure EGP 20 bn in financing for infrastructure works and various investment plans, sources told Al Mal. The National Bank of Egypt, Banque Misr, the Arab African International Bank, and CIB are all in talks with NACC, the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/nacc-begins-talks-with-major-banks-for-egp-20-bn-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-08T04:00:34+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\/07\/08\/nacc-begins-talks-with-major-banks-for-egp-20-bn-financing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/nacc-begins-talks-with-major-banks-for-egp-20-bn-financing\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NACC begins talks with major banks for EGP 20 bn financing\",\"datePublished\":\"2019-07-08T04:00:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/nacc-begins-talks-with-major-banks-for-egp-20-bn-financing\/\"},\"wordCount\":74,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Arab African International Bank\",\"banking\",\"BANKING + FINANCE\",\"Banque Misr\",\"CIB\",\"EnterpriseAM\",\"Finance\",\"infrastructure\",\"National Bank of Egypt\",\"New Administrative Capital Company for Urban Development\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/nacc-begins-talks-with-major-banks-for-egp-20-bn-financing\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/nacc-begins-talks-with-major-banks-for-egp-20-bn-financing\/\",\"name\":\"NACC begins talks with major banks for EGP 20 bn financing - 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