{"id":605044,"date":"2018-12-19T04:17:38","date_gmt":"2018-12-19T04:17:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/damietta-furniture-city-military-production-ministry-to-build-egp-3-bn-mall\/"},"modified":"2018-12-19T04:17:38","modified_gmt":"2018-12-19T04:17:38","slug":"damietta-furniture-city-military-production-ministry-to-build-egp-3-bn-mall","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/damietta-furniture-city-military-production-ministry-to-build-egp-3-bn-mall\/","title":{"rendered":"Damietta Furniture City, Military Production Ministry to build EGP 3 bn mall"},"content":{"rendered":"<p>The Damietta Furniture City Company and a Military Production Ministry subsidiary will build a EGP 3 bn furniture mall in Damietta Furniture City, sources close to the matter said, <a href=\"https:\/\/www.almalnews.com\/Story\/403467\/15\/%D8%AA%D8%AD%D8%A7%D9%84%D9%81-%C2%AB%D8%AF%D9%85%D9%8A%D8%A7%D8%B7-%E2%80%93-%D8%A7%D9%84%D8%A5%D9%86%D8%AA%D8%A7%D8%AC-%D8%A7%D9%84%D8%AD%D8%B1%D8%A8%D9%89%C2%BB-%D9%8A%D9%86%D8%B4%D8%A6-%D8%A3%D9%83%D8%A8%D8%B1-%D9%85%D9%88%D9%84-%D9%84%D8%AA%D8%B3%D9%88%D9%8A%D9%82-%D8%A7%D9%84%D8%A3%D8%AB%D8%A7%D8%AB-%D8%A8%D8%A7%D9%84%D8%B4%D8%B1%D9%82-%D8%A7%D9%84%D8%A3%D9%88%D8%B3%D8%B7\">according to Al Mal<\/a>. The project will be funded through the ministry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Damietta Furniture City Company and a Military Production Ministry subsidiary will build a EGP 3 bn furniture mall in Damietta Furniture City, sources close to the matter said, according to Al Mal. The project will be funded through the ministry.<\/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":[130,72,125,2390,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605044","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-construction","tag-enterpriseam","tag-investment-watch","tag-other-business-news-of-note","tag-trade","wpautop","entry"],"acf":{"mongo_id":"0a22f766-be52-42cd-8419-bcff17134be9","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Damietta Furniture City, Military Production Ministry to build EGP 3 bn mall","related_issue":[605006],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.6c4b3dfe-69c7-43be-9312-26f62c0e5df7.mp3"},"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>Damietta Furniture City, Military Production Ministry to build EGP 3 bn mall - 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\/19\/damietta-furniture-city-military-production-ministry-to-build-egp-3-bn-mall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Damietta Furniture City, Military Production Ministry to build EGP 3 bn mall\" \/>\n<meta property=\"og:description\" content=\"The Damietta Furniture City Company and a Military Production Ministry subsidiary will build a EGP 3 bn furniture mall in Damietta Furniture City, sources close to the matter said, according to Al Mal. 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The size of the investment and the timeline of the projects have not been announced. The ministry\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571376,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/10\/banque-misr-to-arrange-loan-worth-up-to-egp-1-6-mn-to-damietta-furniture-city\/","url_meta":{"origin":605044,"position":1},"title":"Banque Misr to arrange loan worth up to EGP 1.6 mn to Damietta Furniture City","author":"enterpriseam admin","date":"10 May 2020","format":false,"excerpt":"Banque Misr will arrange a EGP 1.4-1.6 bn syndicated loan to Damietta Furniture City to help increase production and exports, Masrawy reports, citing unnamed banking sources. The National Bank of Egypt, the Egyptian Arab Land Bank, and the Export Development Bank are in talks to participate in the loan.","rel":"","context":"In &quot;Banking + Finance&quot;","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":572676,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/05\/damietta-furniture-withdraws-egp-1-bn-loan-installment\/","url_meta":{"origin":605044,"position":2},"title":"Damietta Furniture withdraws EGP 1 bn loan installment","author":"enterpriseam admin","date":"5 July 2020","format":false,"excerpt":"Damietta Furniture City has drawn down EGP 1 bn of its EGP 1.5 bn syndicated facility taken out from a consortium of local banks to finance working capital, Al Shorouk reports.","rel":"","context":"In &quot;Banking + Finance&quot;","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":592078,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/25\/damietta-furniture-city-signs-agreement-to-export-egp-100-mn-of-products\/","url_meta":{"origin":605044,"position":3},"title":"Damietta Furniture City signs agreement to export EGP 100 mn of products","author":"enterpriseam admin","date":"25 December 2019","format":false,"excerpt":"The Damietta Furniture City Company signed its first export agreement worth EGP 100 mn with unnamed US investors, according to the local press. The first four shipments will start from next month. The Damietta Furniture City Company is a 331-feddan furniture manufacturing complex that will be completed by 2022. The\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569471,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egypt-in-the-news-on-25-february-2020\/","url_meta":{"origin":605044,"position":4},"title":"Egypt in the News on 25 February 2020","author":"enterpriseam admin","date":"25 February 2020","format":false,"excerpt":"Egypt\u2019s furniture craftsmen aren\u2019t all that keen on relocating to the Damietta Furniture City, which the government spent EGP 3.6 bn to develop with a goal of creating a hub for all furniture makers, Reuters says. The craftsmen, who already own workshops in Damietta, say they don\u2019t have the money\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642933,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/al-hokair-group-to-invest-egp-3-bn-in-damietta-furniture-city\/","url_meta":{"origin":605044,"position":5},"title":"Al Hokair group to invest EGP 3 bn in Damietta Furniture City","author":"enterpriseam admin","date":"27 August 2017","format":false,"excerpt":"INVESTMENT WATCH- Saudi Arabia\u2019s Al Hokair Group plans to invest EGP 3 bn in various projects at the Damietta Furniture City, said Damietta Governor Ismail Taha, according to Al Masry Al Youm. The company had signed an MoU on Wednesday which would see it run and operate the commercial hub\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/605044","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=605044"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/605044\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/605006"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=605044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=605044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=605044"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=605044"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=605044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}