{"id":597358,"date":"2019-07-24T04:18:48","date_gmt":"2019-07-24T04:18:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/ofid-to-increase-egypt-financing-by-usd-55-mn-by-year-end\/"},"modified":"2019-07-24T04:18:48","modified_gmt":"2019-07-24T04:18:48","slug":"ofid-to-increase-egypt-financing-by-usd-55-mn-by-year-end","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/ofid-to-increase-egypt-financing-by-usd-55-mn-by-year-end\/","title":{"rendered":"OFID to increase Egypt financing by USD 55 mn by year-end"},"content":{"rendered":"

OFID to increase Egypt financing by USD 55 mn by year-end: <\/b>The OPEC Fund for International Development<\/a> (OFID) is planning to increase its financing for Egypt by USD 55 mn until the end of the year, private sector operations officer Saud Al Rajhi told the press<\/a>. This will bring proceeds provided to Egypt by the fund up to USD 220 mn throughout the year. The fund has already doled out a total of USD 165 mn in 1H2019 \u2014 including USD 95 mn to SMEs, USD 30 mn to finance food commodity imports, and USD 40 mn to finance petroleum imports.<\/p>\n","protected":false},"excerpt":{"rendered":"

OFID to increase Egypt financing by USD 55 mn by year-end: The OPEC Fund for International Development (OFID) is planning to increase its financing for Egypt by USD 55 mn until the end of the year, private sector operations officer Saud Al Rajhi told the press. This will bring proceeds provided to Egypt by 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":[8572],"tags":[7106,72,11180,287,2380,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597358","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-debt","tag-enterpriseam","tag-opec-fund-for-international-development","tag-smes","tag-speed-round","tag-trade","wpautop","entry"],"acf":{"mongo_id":"38f25159-5b15-4498-9697-486b7555df03","is_powered_by":true,"section_story_id":"c004a9d9-3d72-4ed4-9dc5-bfdb28c0db15","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597342],"teaser":"","voice_url":""},"yoast_head":"\nOFID to increase Egypt financing by USD 55 mn by year-end - 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\/24\/ofid-to-increase-egypt-financing-by-usd-55-mn-by-year-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OFID to increase Egypt financing by USD 55 mn by year-end\" \/>\n<meta property=\"og:description\" content=\"OFID to increase Egypt financing by USD 55 mn by year-end: The OPEC Fund for International Development (OFID) is planning to increase its financing for Egypt by USD 55 mn until the end of the year, private sector operations officer Saud Al Rajhi told the press. This will bring proceeds provided to Egypt by the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/ofid-to-increase-egypt-financing-by-usd-55-mn-by-year-end\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-24T04:18:48+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\/24\/ofid-to-increase-egypt-financing-by-usd-55-mn-by-year-end\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/ofid-to-increase-egypt-financing-by-usd-55-mn-by-year-end\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"OFID to increase Egypt financing by USD 55 mn by year-end\",\"datePublished\":\"2019-07-24T04:18:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/ofid-to-increase-egypt-financing-by-usd-55-mn-by-year-end\/\"},\"wordCount\":103,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"debt\",\"EnterpriseAM\",\"OPEC Fund for International Development\",\"SMEs\",\"SPEED ROUND\",\"trade\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/ofid-to-increase-egypt-financing-by-usd-55-mn-by-year-end\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/ofid-to-increase-egypt-financing-by-usd-55-mn-by-year-end\/\",\"name\":\"OFID to increase Egypt financing by USD 55 mn by year-end - 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