{"id":619237,"date":"2024-04-29T00:00:00","date_gmt":"2024-04-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/"},"modified":"2024-04-29T00:00:00","modified_gmt":"2024-04-29T00:00:00","slug":"govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/","title":{"rendered":"Gov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity"},"content":{"rendered":"

Fresh subsidized loans<\/strong> for hospitality players?<\/strong> The tourism and finance ministries have agreed to launch an initiative offering subsidized loans at a 12% interest rate to local and foreign hospitality players looking to set up more hotel rooms across the country, Al<\/a>Mal<\/a> reports, citing unnamed sources.<\/p>\n

The goal is to create more rooms to keep up with Egypt\u2019s ambitious tourism goals:<\/strong> The government wants to attract 30 mn tourists per year by 2028<\/a>. To that end, it wants to add 200k hotel rooms to accommodate the increase. Hotel capacity in Egypt stood at around 222.7k at the end of Q1 2024, according to the Tourism Ministry<\/a>.<\/p>\n

In perspective: <\/strong>The 12% interest rate charged in the initiative is nearly two and a half times smaller than the central bank's post-float 28.25% lending rate.<\/p>\n

What\u2019s next? <\/strong>The ministries are drawing out the final details of the initiative to be presented to the cabinet, the sources said.<\/p>\n

It won\u2019t be the first time the government offers tourism players subsidized loans:<\/strong> The Central Bank of Egypt in July suspended<\/a> a similar EGP 50 bn tourism support program<\/a> that used to offer tourism players soft loans to upgrade tourism infrastructure. At the time, the central bank said it would work with the ministries of finance and tourism to launch a new initiative.<\/p>\n

ICYMI:<\/strong> The Madbouly cabinet approved a EGP 50 bn tourism initiative in December<\/a> that will see the government offer financial incentives to encourage hospitality players to increase their hotel room capacity. The initiative included a payout of up to EGP 2 bn for hotel companies to build, set up, or acquire new hotel rooms on the provision that the companies exchange no less than 40% of their hard currency revenues through the banking system for a five-year period.<\/p>\n

Other sectors too have access to subsidized loans: <\/strong>The new initiative follows the recently approved EGP 120<\/a>bn subsidized loan program<\/a> offering financing at an interest rate of 15% for manufacturers in freezones as well as agriculture and renewable energy companies.<\/p>\n","protected":false},"excerpt":{"rendered":"

The initiative will offer investors subsidized loans at a 12% interest rate<\/p>\n","protected":false},"author":1,"featured_media":619238,"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":[1],"tags":[7106,72,276,955,238,797],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-619237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-debt","tag-enterpriseam","tag-finance-ministry","tag-hospitality","tag-tourism","tag-tourism-and-antiquities-ministry","wpautop","entry"],"acf":{"mongo_id":"ab30ba76-0ab5-4e56-8e3f-6913538a4cb3","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/1945.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt mulls subsidized loan program for hospitality players to boost hotel room capacity","related_issue":[619232],"teaser":"The initiative will offer investors subsidized loans at a 12% interest rate","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.243df90c-7888-4a82-882f-1a3b99573be7.mp3"},"yoast_head":"\nGov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity - 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\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity\" \/>\n<meta property=\"og:description\" content=\"The initiative will offer investors subsidized loans at a 12% interest rate\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-29T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity\",\"datePublished\":\"2024-04-29T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/\"},\"wordCount\":343,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.jpg?fit=%2C&ssl=1\",\"keywords\":[\"debt\",\"EnterpriseAM\",\"Finance Ministry\",\"hospitality\",\"tourism\",\"Tourism and Antiquities Ministry\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/\",\"name\":\"Gov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-04-29T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity\"}]},{\"@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":"Gov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity - 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\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/","og_locale":"en_US","og_type":"article","og_title":"Gov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity","og_description":"The initiative will offer investors subsidized loans at a 12% interest rate","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-04-29T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.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":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Gov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity","datePublished":"2024-04-29T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/"},"wordCount":343,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.jpg?fit=%2C&ssl=1","keywords":["debt","EnterpriseAM","Finance Ministry","hospitality","tourism","Tourism and Antiquities Ministry"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/","name":"Gov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.jpg?fit=%2C&ssl=1","datePublished":"2024-04-29T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/29\/govt-mulls-subsidized-loan-program-for-hospitality-players-to-boost-hotel-room-capacity\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Gov\u2019t mulls subsidized loan program for hospitality players to boost hotel room capacity"}]},{"@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\/2024\/4\/1945.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1945.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\/2024\/4\/1945.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":636331,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/30\/the-details-of-the-egp-50-bn-subsidized-loan-program-for-hospitality-players\/","url_meta":{"origin":619237,"position":0},"title":"The details of the EGP 50 bn subsidized loan program for hospitality players","author":"enterpriseam admin","date":"30 July 2024","format":false,"excerpt":"Individual companies can access up to EGP 1 bn in subsidized funding","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\/2024\/7\/2381.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":585656,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/27\/tourism-players-once-again-have-access-to-subsidized-loans\/","url_meta":{"origin":619237,"position":1},"title":"Tourism players once again have access to subsidized loans","author":"enterpriseam admin","date":"27 April 2023","format":false,"excerpt":"The gov\u2019t will offer EGP 10 bn worth of loans at an 11% rate to the industry","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/869.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":663793,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/15\/govt-kicks-off-egp-30-bn-financing-initiative-for-industrial-players\/","url_meta":{"origin":619237,"position":2},"title":"Gov\u2019t kicks off EGP 30 bn financing initiative for industrial players","author":"enterpriseam admin","date":"15 April 2025","format":false,"excerpt":"The program will offer an additional 2% cut for projects that introduce new industrial activities","rel":"","context":"In "Finance"","block_context":{"text":"Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/867.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":669427,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/where-the-egp-100-bn-subsidized-loan-program-for-hospitality-players\/","url_meta":{"origin":619237,"position":3},"title":"Where the EGP 100 bn subsidized loan program for hospitality players?","author":"enterpriseam admin","date":"3 August 2025","format":false,"excerpt":"PLUS- Ashry Steel submitted a bid for 100% of cement producer Building Materials industry Company","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1874.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":654369,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/31\/egypt-begins-offering-subsidized-loans-at-12-to-hospitality-players\/","url_meta":{"origin":619237,"position":4},"title":"Egypt begins offering subsidized loans at 12% to hospitality players","author":"enterpriseam admin","date":"31 October 2024","format":false,"excerpt":"Good afternoon, friends, and welcome to the last day in October. Don\u2019t forget to turn back your analog clocks by 60 minutes tonight and enjoy an extra hour of sleep.THE BIG STORY TODAY Government kicks off EGP 50 bn loan program for hospitality players: The tourism and finance ministries have\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571439,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/12\/finmin-to-guarantee-egp-3-bn-of-low-interest-cbe-loans-for-tourism-industry\/","url_meta":{"origin":619237,"position":5},"title":"FinMin to guarantee EGP 3 bn of low-interest CBE loans for tourism industry","author":"enterpriseam admin","date":"12 May 2020","format":false,"excerpt":"FinMin to guarantee EGP 3 bn of low-interest CBE loans for tourism industry: The Finance Ministry will guarantee EGP 3 bn in funding provided by the Central Bank of Egypt (CBE) to state banks for soft loans to tourism companies and hotels, according to a ministry statement. The ministry will\u2026","rel":"","context":"In "Speed Round"","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\/619237","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=619237"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/619237\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/619232"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/619238"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=619237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=619237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=619237"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=619237"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=619237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}