{"id":601562,"date":"2019-03-04T04:18:09","date_gmt":"2019-03-04T04:18:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion\/"},"modified":"2019-03-04T04:18:09","modified_gmt":"2019-03-04T04:18:09","slug":"dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion\/","title":{"rendered":"DP in talks with Egypt banks for USD 500 mn Ain Sokhna port expansion"},"content":{"rendered":"

UAE\u2019s DP World is in talks with banks in Egypt to arrange a USD 500 mn loan to finance its Ain Sokhna port expansion project<\/a>, banking sources told Al Shorouk<\/a>. Some of the banks are based in GCC countries but all have branches in Egypt. The loan will cover the company\u2019s total investments in the project (EGP 8.9 bn or USD 500 mn). The expansion will bring the port\u2019s annual capacity to 1 mn twenty-foot equivalent units (TEU).<\/p>\n","protected":false},"excerpt":{"rendered":"

UAE\u2019s DP World is in talks with banks in Egypt to arrange a USD 500 mn loan to finance its Ain Sokhna port expansion project, banking sources told Al Shorouk. Some of the banks are based in GCC countries but all have branches in Egypt. The loan will cover the company\u2019s total investments in 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":[204,2372,2020,72,7087,145,416,90],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601562","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-dp-world","tag-enterpriseam","tag-finance","tag-logistics","tag-suez-canal-economic-zone","tag-uae","wpautop","entry"],"acf":{"mongo_id":"d99cbefa-cf4a-4940-9395-b9fe48538f05","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[601529],"teaser":"","voice_url":""},"yoast_head":"\nDP in talks with Egypt banks for USD 500 mn Ain Sokhna port expansion - 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\/03\/04\/dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DP in talks with Egypt banks for USD 500 mn Ain Sokhna port expansion\" \/>\n<meta property=\"og:description\" content=\"UAE\u2019s DP World is in talks with banks in Egypt to arrange a USD 500 mn loan to finance its Ain Sokhna port expansion project, banking sources told Al Shorouk. Some of the banks are based in GCC countries but all have branches in Egypt. The loan will cover the company\u2019s total investments in the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-04T04:18:09+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\/03\/04\/dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"DP in talks with Egypt banks for USD 500 mn Ain Sokhna port expansion\",\"datePublished\":\"2019-03-04T04:18:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"DP World\",\"EnterpriseAM\",\"Finance\",\"logistics\",\"Suez Canal Economic Zone\",\"UAE\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion\/\",\"name\":\"DP in talks with Egypt banks for USD 500 mn Ain Sokhna port expansion - 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The bank has invited other banks to join in on the loan, including the National Bank of Egypt, Banque du Caire,\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":555827,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/29\/dp-world-has-another-usd-25-35-mn-lined-up-for-ain-sokhna-port\/","url_meta":{"origin":601562,"position":1},"title":"DP World has another USD 25-35 mn lined up for Ain Sokhna port","author":"enterpriseam admin","date":"29 November 2021","format":false,"excerpt":"Emirati port operator DP World will invest USD 25-35 mn in Ain Sokhna seaport over the next 2-3 years, DP World Sokhna CEO Gerard van den Heuvel tells Al Mal, less than a week after completing the multi-mn USD expansion of the Red Sea port. 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