{"id":599244,"date":"2019-06-23T04:00:38","date_gmt":"2019-06-23T04:00:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/"},"modified":"2019-06-23T04:00:38","modified_gmt":"2019-06-23T04:00:38","slug":"house-approves-eur-225-mn-loan-from-kfw-development-bank","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/","title":{"rendered":"House approves EUR 225 mn loan from KFW development bank"},"content":{"rendered":"<p>The House of Representatives has approved a second, EUR 225 mn (c.USD 256 mn) tranche of a USD 450 mn facility from Germany\u2019s KfW development bank to close the state budget\u2019s financing gap, <a href=\"https:\/\/www.mubasher.info\/news\/3492799\/-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D9%82%D8%B1%D8%B6-%D8%A8%D9%80225%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%8A%D9%88%D8%B1%D9%88-%D9%85%D9%86-%D8%A7%D9%84%D8%AA%D8%B9%D9%85%D9%8A%D8%B1-%D8%A7%D9%84%D8%A3%D9%84%D9%85%D8%A7%D9%86%D9%8A-\">Mubasher reported<\/a>. The tranche was approved by the government <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/14\/cabinet-approves-development-loans-grant-worth-combined-eur-278-9-mn\/\">in March<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The House of Representatives has approved a second, EUR 225 mn (c.USD 256 mn) tranche of a USD 450 mn facility from Germany\u2019s KfW development bank to close the state budget\u2019s financing gap, Mubasher reported. The tranche was approved by the government in March.<\/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":[9315],"tags":[7106,72,7087,274,2390,278],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599244","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-debt","tag-enterpriseam","tag-finance","tag-house-of-representatives","tag-other-business-news-of-note","tag-state-budget","wpautop","entry"],"acf":{"mongo_id":"1c95e15c-3a26-4622-90d3-477f86f0193f","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599212],"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>House approves EUR 225 mn loan from KFW development bank - 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\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House approves EUR 225 mn loan from KFW development bank\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives has approved a second, EUR 225 mn (c.USD 256 mn) tranche of a USD 450 mn facility from Germany\u2019s KfW development bank to close the state budget\u2019s financing gap, Mubasher reported. The tranche was approved by the government in March.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-23T04:00:38+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\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"House approves EUR 225 mn loan from KFW development bank\",\"datePublished\":\"2019-06-23T04:00:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\"},\"wordCount\":53,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"debt\",\"EnterpriseAM\",\"Finance\",\"House of Representatives\",\"Other Business News of Note\",\"state budget\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/house-approves-eur-225-mn-loan-from-kfw-development-bank\/\",\"name\":\"House approves EUR 225 mn loan from KFW development bank - 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The funding will be allocated to three projects that aim to develop technical and vocational education\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601959,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/cabinet-approves-development-loans-grant-worth-combined-eur-278-9-mn\/","url_meta":{"origin":599244,"position":1},"title":"Cabinet approves development loans, grant worth combined EUR 278.9 mn","author":"enterpriseam admin","date":"14 March 2019","format":false,"excerpt":"CABINET WATCH- Cabinet approves development loans, grant worth combined EUR 278.9 mn: The Madbouly Cabinet approved yesterday a second, EUR 225 mn (c. USD 250 mn) tranche of a USD 450 mn facility from Germany\u2019s KfW development bank to close the state budget\u2019s financing gap, according to a cabinet statement.\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":636106,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/house-of-representatives-approves-german-loan-agreements-worth-eur-62-mn\/","url_meta":{"origin":599244,"position":2},"title":"House of Representatives approves German loan agreements worth EUR 62 mn","author":"enterpriseam admin","date":"20 December 2017","format":false,"excerpt":"The House of Representatives approved yesterday two German loan agreements worth a combined EUR 62 mn, Ahram Gate reports. The agreements include a EUR 50 mn loan from German development bank KfW for a renewable energy project and to support vocational training. The second funding agreement, worth EUR 12 mn,\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624314,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/05\/afdb-to-disburse-usd-500-mn-loan-tranche-in-coming-days\/","url_meta":{"origin":599244,"position":3},"title":"AfDB to disburse USD 500 mn loan tranche in coming days","author":"enterpriseam admin","date":"5 September 2018","format":false,"excerpt":"AfDB to disburse third USD 500 mn tranche of loan: Speaking of foreign borrowing, Egypt can expect receipt within days of a third and final USD 500 mn tranche of a USD 1.5 bn loan from the African Development Bank (AfDB), the bank\u2019s country manager for Egyopt, Malinne Blomberg, said\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":563412,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/30\/kfw-development-finance-grant-approved\/","url_meta":{"origin":599244,"position":4},"title":"KfW development finance grant approved","author":"enterpriseam admin","date":"30 June 2021","format":false,"excerpt":"A EUR 57.7 mn development financing agreement sealed with German development bank KfW in May was approved by the cabinet during its weekly meeting yesterday. The grant will help fund six projects in energy efficiency, renewable energy, technical education and vocational training, water management, and market competition.Also approved during the\u2026","rel":"","context":"In &quot;Cabinet watch&quot;","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/381.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572320,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/21\/african-development-bank-approved-a-eur-225-mn-loan-to-finance-egypts-electricity-and-green-growth-support-program\/","url_meta":{"origin":599244,"position":5},"title":"African Development Bank approved a EUR 225 mn loan to finance Egypt\u2019s Electricity and Green Growth Support Program","author":"enterpriseam admin","date":"21 June 2020","format":false,"excerpt":"The African Development Bank approved a EUR 225 mn loan to finance Egypt\u2019s Electricity and Green Growth Support Program, the International Cooperation Ministry said in a statement. 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