{"id":604934,"date":"2018-12-17T04:23:13","date_gmt":"2018-12-17T04:23:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/egypt-aluminum-in-talks-with-banks-for-usd-600-mn-financing-for-new-product-line\/"},"modified":"2018-12-17T04:23:13","modified_gmt":"2018-12-17T04:23:13","slug":"egypt-aluminum-in-talks-with-banks-for-usd-600-mn-financing-for-new-product-line","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/egypt-aluminum-in-talks-with-banks-for-usd-600-mn-financing-for-new-product-line\/","title":{"rendered":"Egypt Aluminum in talks with banks for USD 600 mn financing for new product line"},"content":{"rendered":"

State-owned Egypt Aluminum is in talks with five local and international banks to finance a portion of its planned USD 600 mn new product line, according to Al Mal<\/a>. The company is looking to borrow 70% of the funds and will finance the remaining 30% through a capital increase. The banks include the National Bank of Egypt (NBE), CIB, the Arab African International Bank (AAIB), Qatar National Bank (QNB) and the European Investment Bank (EIB).<\/p>\n","protected":false},"excerpt":{"rendered":"

State-owned Egypt Aluminum is in talks with five local and international banks to finance a portion of its planned USD 600 mn new product line, according to Al Mal. The company is looking to borrow 70% of the funds and will finance the remaining 30% through a capital increase. The banks include the National Bank […]<\/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":[2372,1008,72,7087],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604934","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-egypt-aluminum","tag-enterpriseam","tag-finance","wpautop","entry"],"acf":{"mongo_id":"6182b29a-d24d-449e-8fbe-4bb0a654a731","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Egypt Aluminum in talks with banks for USD 600 mn financing for new product line","related_issue":[604907],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.cbd8d26f-87fd-4052-b9df-a717b0cbbff5.mp3"},"yoast_head":"\nEgypt Aluminum in talks with banks for USD 600 mn financing for new product line - 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\/2018\/12\/17\/egypt-aluminum-in-talks-with-banks-for-usd-600-mn-financing-for-new-product-line\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt Aluminum in talks with banks for USD 600 mn financing for new product line\" \/>\n<meta property=\"og:description\" content=\"State-owned Egypt Aluminum is in talks with five local and international banks to finance a portion of its planned USD 600 mn new product line, according to Al Mal. The company is looking to borrow 70% of the funds and will finance the remaining 30% through a capital increase. 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