{"id":604301,"date":"2023-08-29T00:00:00","date_gmt":"2023-08-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/"},"modified":"2023-08-29T00:00:00","modified_gmt":"2023-08-29T00:00:00","slug":"pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/","title":{"rendered":"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement"},"content":{"rendered":"

Pickalbatros sells + leases back Sharm hotel: <\/strong>Pickalbatros Hotels & Resorts Group has signed an agreement with Beltone Financial\u2019s leasing subsidiary to sell and lease back one of its hotels, according to a joint press<\/a> release<\/a> (pdf)<\/a> out yesterday. The EGP 750 mn agreement will see Beltone Leasing acquire the Laguna Vista Beach Resort in Sharm El Sheikh and lease it back to the company.<\/p>\n

The rationale: <\/strong>Pickalbatros will use the proceeds to finance its working capital and expand its hotel portfolio, Chairman Kamel Abou Ali said. The company is planning to open a new 200-key hotel<\/a> in Sharm before the end of the year.<\/p>\n

What we don\u2019t know: <\/strong> Information about the lease period and rental payments wasn\u2019t made public.<\/p>\n

EXPLAINER- The sale-leaseback agreement: <\/strong>It\u2019s a transaction in which a company sells an asset, such as real estate, to a buyer (often a financial institution or a leasing company), and then immediately leases it back from the buyer. This allows the company to free up capital tied to the asset while still retaining use and operational control over it. This type of financial arrangement is often used by businesses to generate cash flow, reduce debt, or finance other business activities while maintaining the use of essential assets.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian hotelier sold one of its hotels in Sharm El Sheikh to Beltone Leasing<\/p>\n","protected":false},"author":1,"featured_media":604302,"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":[7274],"tags":[812,7118,88,72,503,955,242,595,2475],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-beltone-financial","tag-beltone-leasing-and-factoring","tag-debt-watch","tag-enterpriseam","tag-financial-services","tag-hospitality","tag-leasing","tag-non-banking-financial-services","tag-pickalbatros","wpautop","entry"],"acf":{"mongo_id":"c62cd0c5-bf3d-4c98-845e-ab6c2e06963b","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/8\/1331.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement","related_issue":[604292],"teaser":"The Egyptian hotelier sold one of its hotels in Sharm El Sheikh to Beltone Leasing","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/9\/.4b7e3dac-d68b-4360-a952-f1aff1a32318.mp3"},"yoast_head":"\nPickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement - 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\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement\" \/>\n<meta property=\"og:description\" content=\"The Egyptian hotelier sold one of its hotels in Sharm El Sheikh to Beltone Leasing\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-29T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1\" \/>\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\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement\",\"datePublished\":\"2023-08-29T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/\"},\"wordCount\":215,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Beltone Financial\",\"Beltone Leasing and Factoring\",\"debt watch\",\"EnterpriseAM\",\"financial services\",\"hospitality\",\"leasing\",\"non-banking financial services\",\"Pickalbatros\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/\",\"name\":\"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-08-29T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/","og_locale":"en_US","og_type":"article","og_title":"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement","og_description":"The Egyptian hotelier sold one of its hotels in Sharm El Sheikh to Beltone Leasing","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-08-29T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement","datePublished":"2023-08-29T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/"},"wordCount":215,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1","keywords":["Beltone Financial","Beltone Leasing and Factoring","debt watch","EnterpriseAM","financial services","hospitality","leasing","non-banking financial services","Pickalbatros"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/","name":"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1","datePublished":"2023-08-29T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":612706,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/","url_meta":{"origin":604301,"position":0},"title":"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement","author":"enterpriseam admin","date":"27 December 2023","format":false,"excerpt":"Kandil Glass will sell real estate assets and production lines to Beltone Leasing and Factoring","rel":"","context":"In "FINANCIAL SERVICES"","block_context":{"text":"FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":606782,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/21\/pickalbatros-to-invest-usd-140-mn-in-morocco\/","url_meta":{"origin":604301,"position":1},"title":"Pickalbatros to invest USD 140 mn in Morocco","author":"enterpriseam admin","date":"21 September 2023","format":false,"excerpt":"The company will raise its hotel capacity in Morocco by 43%","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1309.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549699,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/27\/pickalbatros-is-opening-three-new-red-sea-hotels-by-february\/","url_meta":{"origin":604301,"position":2},"title":"Pickalbatros is opening three new Red Sea hotels by February","author":"enterpriseam admin","date":"27 September 2022","format":false,"excerpt":"Pickalbatros Hotels will open three new hotels in Hurghada and Marsa Alam by next February, Al Mal quotes Pickalbatros Group Chairman Kamel Abou Ali as saying. Although Abou Ali did not disclose the total investment value for the projects, he did say that the cost per room is USD 80-120k.\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/394.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608599,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/23\/beltone-al-ahly-sabbour-sign-leasing-transaction-worth-egp-1-2-bn\/","url_meta":{"origin":604301,"position":3},"title":"Beltone, Al Ahly Sabbour sign leasing transaction worth EGP 1.2 bn","author":"enterpriseam admin","date":"23 October 2023","format":false,"excerpt":"Beltone x Al Ahly Sabbour:Beltone\u2019s Financial\u2019s leasing subsidiary has signed a sale and leaseback agreement worth EGP 1.2 bn with real estate developer Al Ahly Sabbour, the company said in a statement (pdf) yesterday. The details:The financing will be disbursed in two tranches of equal sizes, the second of which\u2026","rel":"","context":"In "FINANCIAL SERVICES"","block_context":{"text":"FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1088.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587910,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/04\/hassan-allam-properties-signs-egp-500-mn-sale-leaseback-agreement-with-beltone\/","url_meta":{"origin":604301,"position":4},"title":"Hassan Allam Properties signs EGP 500 mn sale-leaseback agreement with Beltone","author":"enterpriseam admin","date":"4 June 2023","format":false,"excerpt":"HAP will finance commercial and hospitality assets owned by two of its subsidiaries","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/69.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":647713,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/pickalbatros-hotels-launches-new-egp-1-bn-hotel-and-aqua-park-in-sharm-el-sheikh\/","url_meta":{"origin":604301,"position":5},"title":"Pickalbatros Hotels launches new EGP 1 bn hotel and aqua park in Sharm El Sheikh","author":"enterpriseam admin","date":"17 May 2017","format":false,"excerpt":"Pickalbatros Hotels launched its newest EGP 1 bn hotel in Sharm El Sheikh on Tuesday in a ceremony featuring Portuguese football star Cristiano Ronaldo and his family, Al Borsa said on Tuesday. The project will open on 19 May and features what company officials claim is the Middle East\u2019s largest\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"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\/604301","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=604301"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604301\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/604292"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/604302"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=604301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=604301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=604301"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=604301"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=604301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}