{"id":597911,"date":"2019-05-08T02:53:12","date_gmt":"2019-05-08T02:53:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/egypt-world-bank-ink-final-agreement-for-usd-200-mn-smes-loan\/"},"modified":"2019-05-08T02:53:12","modified_gmt":"2019-05-08T02:53:12","slug":"egypt-world-bank-ink-final-agreement-for-usd-200-mn-smes-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/egypt-world-bank-ink-final-agreement-for-usd-200-mn-smes-loan\/","title":{"rendered":"Egypt, World Bank ink final agreement for USD 200 mn SMEs loan"},"content":{"rendered":"

<\/a> Egypt, World Bank ink final agreement for USD 200 mn SMEs loan: <\/b>Investment Minister Sahar Nasr and World Bank President David Malpass have signed the final agreement of a USD 200 mn loan<\/a> to support SMEs and entrepreneurs, according to a ministry statement (pdf)<\/a>. Non-banking financial institutions will receive USD 145 mn to fund primarily women and youth-led small businesses. The signing came as Malpass wrapped up his two-day visit to Egypt, during which he visited the Benban solar plant<\/a> in Aswan and discussed infrastructure and investment<\/a> with President Abdel Fattah El Sisi.<\/p>\n

Correction: 08 May 2019.<\/em><\/p>\n

An earlier version of this article incorrectly stated that the value of the loan was USD 200 bn.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt, World Bank ink final agreement for USD 200 mn SMEs loan: Investment Minister Sahar Nasr and World Bank President David Malpass have signed the final agreement of a USD 200 mn loan to support SMEs and entrepreneurs, according to a ministry statement (pdf). Non-banking financial institutions will receive USD 145 mn to fund primarily […]<\/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":[6045,7106,72,203,287,2380,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597911","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-david-malpass","tag-debt","tag-enterpriseam","tag-entrepreneurship","tag-smes","tag-speed-round","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"82a78e8b-4669-45ed-9b16-4b949becda71","is_powered_by":true,"section_story_id":"74c05835-1744-4887-9370-19b67c54f236","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597899],"teaser":"","voice_url":""},"yoast_head":"\nEgypt, World Bank ink final agreement for USD 200 mn SMEs loan - 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\/05\/08\/egypt-world-bank-ink-final-agreement-for-usd-200-mn-smes-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt, World Bank ink final agreement for USD 200 mn SMEs loan\" \/>\n<meta property=\"og:description\" content=\"Egypt, World Bank ink final agreement for USD 200 mn SMEs loan: Investment Minister Sahar Nasr and World Bank President David Malpass have signed the final agreement of a USD 200 mn loan to support SMEs and entrepreneurs, according to a ministry statement (pdf). Non-banking financial institutions will receive USD 145 mn to fund primarily […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/egypt-world-bank-ink-final-agreement-for-usd-200-mn-smes-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-08T02:53:12+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/egypt-world-bank-ink-final-agreement-for-usd-200-mn-smes-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/egypt-world-bank-ink-final-agreement-for-usd-200-mn-smes-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt, World Bank ink final agreement for USD 200 mn SMEs loan\",\"datePublished\":\"2019-05-08T02:53:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/egypt-world-bank-ink-final-agreement-for-usd-200-mn-smes-loan\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"David Malpass\",\"debt\",\"EnterpriseAM\",\"entrepreneurship\",\"SMEs\",\"SPEED ROUND\",\"World Bank\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/egypt-world-bank-ink-final-agreement-for-usd-200-mn-smes-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/egypt-world-bank-ink-final-agreement-for-usd-200-mn-smes-loan\/\",\"name\":\"Egypt, World Bank ink final agreement for USD 200 mn SMEs loan - 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It\u2019s Malpass\u2019\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/1499.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603036,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/egypt-secures-usd-200-mn-world-bank-sme-loan-during-spring-meetings\/","url_meta":{"origin":597911,"position":1},"title":"Egypt secures USD 200 mn World Bank SME loan during spring meetings","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"Here\u2019s what the Investment Ministry thinks you need to know about the IMF and World Bank\u2019s spring meetings, which wrapped this weekend in Washington, DC:Egypt secured a USD 200 mn loan from the World Bank to support entrepreneurship and SMEs during the spring meetings in Washington over the weekend, the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/126.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621618,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/","url_meta":{"origin":597911,"position":2},"title":"SMEs authority in talks with WB for USD 200 mn loan to fund Egypt SMEs","author":"enterpriseam admin","date":"13 November 2018","format":false,"excerpt":"The SME Development Authority is in talks with the World Bank for a USD 200 mn loan to finance new projects, authority head Nevine Gamea tells Amwal Al Ghad. The authority is expecting to reach a final agreement by year-end. We had noted last month that the government had approached\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":603361,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/21\/world-bank-gives-final-approval-for-usd-200-mn-sme-loan\/","url_meta":{"origin":597911,"position":3},"title":"World Bank gives final approval for USD 200 mn SME loan","author":"enterpriseam admin","date":"21 April 2019","format":false,"excerpt":"The World Bank has given final approval to a USD 200 mn loan to support entrepreneurship and SMEs in Egypt, the Investment and International Cooperation Ministry said in a statement. Egypt agreed on the loan with the World Bank during the IMF and World Bank Spring Meetings earlier this month.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597956,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/597956\/","url_meta":{"origin":597911,"position":4},"title":"CORRECTIONS: We seem to have\u2026","author":"enterpriseam admin","date":"9 May 2019","format":false,"excerpt":"CORRECTIONS: We seem to have a problem with the consonants \u201cb\u201d and \u201cm\u201d (though mercifully not \u201cb\u201d and \u201cp\u201d). Yesterday, we mistakenly wrote that Investment Minister Sahar Nasr and World Bank President David Malpass signed a USD 200 bn SME loan. The value of the loan is actually USD 200\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598649,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/30\/egypts-cabinet-approves-usd-200-mn-smes-loan\/","url_meta":{"origin":597911,"position":5},"title":"Egypt\u2019s cabinet approves USD 200 mn SMEs loan","author":"enterpriseam admin","date":"30 May 2019","format":false,"excerpt":"CABINET WATCH- Cabinet approves USD 200 mn World Bank SMEs loan: The Madbouly Cabinet approved in yesterday\u2019s meeting the USD 200 mn loan from the World Bank to support SMEs and entrepreneurs signed earlier this month, according to a statement. Both sides agreed on the loan during the IMF and\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=597911"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597911\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597899"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597911"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597911"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}