{"id":597608,"date":"2019-07-31T04:07:07","date_gmt":"2019-07-31T04:07:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/mcdr-to-set-up-egp-100-mn-internet-of-things-jv-with-french-company-egyptian-sovereign-entity\/"},"modified":"2019-07-31T04:07:07","modified_gmt":"2019-07-31T04:07:07","slug":"mcdr-to-set-up-egp-100-mn-internet-of-things-jv-with-french-company-egyptian-sovereign-entity","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/mcdr-to-set-up-egp-100-mn-internet-of-things-jv-with-french-company-egyptian-sovereign-entity\/","title":{"rendered":"MCDR to set up EGP 100 mn Internet of Things JV with French company, Egyptian sovereign entity"},"content":{"rendered":"<p>Misr for Central Clearing, Depository, and Registry (MCDR) is planning to set up a EGP 100 mn Internet of Things company, MCDR Chairman Mohamed Abdel Salam said, according to <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/30\/1230552\">the local press<\/a>. MCDR will hold 20% of the company, with the remaining ownership split between an unnamed French company and a \u201csovereign entity.\u201d No further details were provided.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Misr for Central Clearing, Depository, and Registry (MCDR) is planning to set up a EGP 100 mn Internet of Things company, MCDR Chairman Mohamed Abdel Salam said, according to the local press. MCDR will hold 20% of the company, with the remaining ownership split between an unnamed French company and a \u201csovereign entity.\u201d No further [&hellip;]<\/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":[9290],"tags":[72,376,3174,2369],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597608","post","type-post","status-publish","format-standard","hentry","category-telecoms-ict","tag-enterpriseam","tag-internet-of-things","tag-misr-for-central-clearing-depository-and-registry","tag-telecoms-ict","wpautop","entry"],"acf":{"mongo_id":"d4780c15-1b1f-4aeb-857c-e8d18250521d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[597577],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MCDR to set up EGP 100 mn Internet of Things JV with French company, Egyptian sovereign entity - 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\/31\/mcdr-to-set-up-egp-100-mn-internet-of-things-jv-with-french-company-egyptian-sovereign-entity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MCDR to set up EGP 100 mn Internet of Things JV with French company, Egyptian sovereign entity\" \/>\n<meta property=\"og:description\" content=\"Misr for Central Clearing, Depository, and Registry (MCDR) is planning to set up a EGP 100 mn Internet of Things company, MCDR Chairman Mohamed Abdel Salam said, according to the local press. MCDR will hold 20% of the company, with the remaining ownership split between an unnamed French company and a \u201csovereign entity.\u201d No further [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/mcdr-to-set-up-egp-100-mn-internet-of-things-jv-with-french-company-egyptian-sovereign-entity\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-31T04:07:07+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\/31\/mcdr-to-set-up-egp-100-mn-internet-of-things-jv-with-french-company-egyptian-sovereign-entity\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/mcdr-to-set-up-egp-100-mn-internet-of-things-jv-with-french-company-egyptian-sovereign-entity\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MCDR to set up EGP 100 mn Internet of Things JV with French company, Egyptian sovereign entity\",\"datePublished\":\"2019-07-31T04:07:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/mcdr-to-set-up-egp-100-mn-internet-of-things-jv-with-french-company-egyptian-sovereign-entity\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"internet of things\",\"Misr for Central Clearing Depository and Registry\",\"Telecoms + ICT\"],\"articleSection\":[\"Telecoms + ICT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/mcdr-to-set-up-egp-100-mn-internet-of-things-jv-with-french-company-egyptian-sovereign-entity\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/mcdr-to-set-up-egp-100-mn-internet-of-things-jv-with-french-company-egyptian-sovereign-entity\/\",\"name\":\"MCDR to set up EGP 100 mn Internet of Things JV with French company, Egyptian sovereign entity - 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Cabinet had approved the establishment of the new central clearing and depository\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/438.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599276,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/24\/egypts-market-regulator-drafts-proposed-amendments-to-rules-on-clearing-companies\/","url_meta":{"origin":597608,"position":1},"title":"Egypt\u2019s market regulator drafts proposed amendments to rules on clearing companies","author":"enterpriseam admin","date":"24 June 2019","format":false,"excerpt":"REGULATION WATCH- Market regulator drafting changes to rules on clearing companies: The Financial Regulatory Authority\u2019s (FRA) board of directors agreed last week to put forth proposed amendments to the law governing clearing and depository companies, according to a FRA statement (pdf). 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