{"id":621247,"date":"2018-11-04T05:08:29","date_gmt":"2018-11-04T05:08:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/state-banks-are-considering-issuing-letters-of-guarantee-for-dabaa-nuclear-project\/"},"modified":"2018-11-04T05:08:29","modified_gmt":"2018-11-04T05:08:29","slug":"state-banks-are-considering-issuing-letters-of-guarantee-for-dabaa-nuclear-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/state-banks-are-considering-issuing-letters-of-guarantee-for-dabaa-nuclear-project\/","title":{"rendered":"State banks are considering issuing letters of guarantee for Dabaa nuclear project"},"content":{"rendered":"<p>The Nuclear Power Plant Authority (NPPA) is negotiating with local banks for letters of guarantee worth USD 300-400 mn to cover its loans for the Dabaa nuclear project, unidentified sources <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=03112018&id=720189ed-5f5c-4d77-ac41-1efff4fd907e\">tell Al Shorouk<\/a>. Banque Misr and the National Bank of Egypt had agreed last December to <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/23\/nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project-2\/\">provide USD 580 mn in trade finance facilities<\/a> to the NPPA for the implementation of the Dabaa project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nuclear Power Plant Authority (NPPA) is negotiating with local banks for letters of guarantee worth USD 300-400 mn to cover its loans for the Dabaa nuclear project, unidentified sources tell Al Shorouk. Banque Misr and the National Bank of Egypt had agreed last December to provide USD 580 mn in trade finance facilities to [&hellip;]<\/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":[2372,576,471,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621247","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-banque-misr","tag-dabaa-nuclear-plant","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"433c4363-b6c0-4cc7-aebd-131dd0ecf160","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"State banks are considering issuing letters of guarantee for Dabaa nuclear project","related_issue":[621212],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.378935ca-bf9f-4002-9327-9b4bb62b4393.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>State banks are considering issuing letters of guarantee for Dabaa nuclear project - 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\/11\/04\/state-banks-are-considering-issuing-letters-of-guarantee-for-dabaa-nuclear-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State banks are considering issuing letters of guarantee for Dabaa nuclear project\" \/>\n<meta property=\"og:description\" content=\"The Nuclear Power Plant Authority (NPPA) is negotiating with local banks for letters of guarantee worth USD 300-400 mn to cover its loans for the Dabaa nuclear project, unidentified sources tell Al Shorouk. 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NBE will provide letters of guarantee worth USD 230 mn to be\u2026","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":622074,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/egypts-nppa-nominates-200-local-companies-to-participate-in-dabaa-project\/","url_meta":{"origin":621247,"position":1},"title":"Egypt\u2019s NPPA nominates 200 local companies to participate in Dabaa project","author":"enterpriseam admin","date":"26 November 2018","format":false,"excerpt":"The Nuclear Power Plants Authority (NPPA) has nominated 200 local companies to supply Russia\u2019s Rosatom with components for the latter\u2019s Dabaa nuclear plant project, NPPA head, Amgad El Wakeel said according to Al Shorouk. The government will issue tenders to supply Rosatem with EUR 800-mn worth building materials, machinery, and\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599152,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/19\/nppa-rosatom-to-hold-dabaa-forum-for-local-companies\/","url_meta":{"origin":621247,"position":2},"title":"NPPA, Rosatom, to hold Dabaa forum for local companies","author":"enterpriseam admin","date":"19 June 2019","format":false,"excerpt":"Russia\u2019s Rosatom and the Nuclear Power Plants Authority (NPPA) will organize a forum in October to introduce local suppliers and contractors to Rosatom\u2019s procurement system and expected tenders in the planned Dabaa project, Al Masry Al Youm reports. Over 600 companies involved or looking to be involved in the project\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603453,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/egypts-nuclear-authority-compiles-list-of-local-companies-to-take-part-in-dabaa-project\/","url_meta":{"origin":621247,"position":3},"title":"Egypt\u2019s nuclear authority compiles list of local companies to take part in Dabaa project","author":"enterpriseam admin","date":"23 April 2019","format":false,"excerpt":"NPPA compiles list of local companies qualified to bid for work on Dabaa plant project: The Nuclear Power Plants Authority (NPPA) has compiled a draft list of 150 local companies that could participate in Rosatom\u2019s planned Dabaa nuclear plant, NPPA head Amgad El Wakeel tells Al Mal. Among them are\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\/2017\/2\/142.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563727,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/14\/dabaa-delayed\/","url_meta":{"origin":621247,"position":4},"title":"Dabaa delayed","author":"enterpriseam admin","date":"14 July 2021","format":false,"excerpt":"Dabaa delayed by two years, thanks to covid: The Dabaa nuclear plant will likely be finished two years later than planned due to disruption caused by the covid-19 pandemic, the spokesperson for Egypt\u2019s nuclear regulator told Enterprise yesterday. Work on the 4.8 GW facility will likely now finish in 2030\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/199.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600006,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/utilities-of-dabaa-nuclear-plant-completed\/","url_meta":{"origin":621247,"position":5},"title":"Utilities of Dabaa nuclear plant completed","author":"enterpriseam admin","date":"16 January 2019","format":false,"excerpt":"Utilities and infrastructure of the Dabaa nuclear power plant have been completed and the Nuclear Power Plants Authority (NPPA) was handed over the site to complete preparations for the construction, local press reported. 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